A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The U.S. Navy has awarded a $22.2 billion contract to General Dynamics Electric Boat for nine Block V Virginia class submarines, of which eight will be equipped with the Virginia …
U.S. Navy Awards $22 Billion Contract for Nine Virginia Class Subs Read More
Romania plans to acquire five more F-16s from Portugal’s surplus stocks. Under a draft law passed on November 28, the Romanian government outlined the procurement, noting that the additional aircraft …
Romania to Add Five More F-16s from Portuguese Stocks Read More
Several months after putting a hold on military aid to Lebanon, the U.S. has lifted its block. On Monday, three sources told the Associated Press that the U.S. has unfrozen …
U.S. Military Aid to Lebanon Unfrozen Read More
Following the failure of an earlier merger attempt to combine with Ultra Electronics, a new suitor swept in and bought Sparton. This time it was a private equity firm, Cerberus …
Sparton Finds a New Home Read More
As expected, U.S. President Donald Trump signed a short-term spending bill on the evening of November 21 to avoid a government shutdown. The continuing resolution (CR) funds the federal government …
Stopgap Spending Bill Keeps U.S. Government Running Through December 20 Read More
The U.S. State Department has granted approval to a foreign military sale (FMS) proposal for the sale of five C-130J airlifters to New Zealand at the estimated cost of $1.4 …
Sale of C-130J to New Zealand OK’d by State Department Read More
After a week of sustained protest actions and violence in the wake of a disputed election cycle, Bolivian President Evo Morales announced his resignation from the presidency under pressure from …
The Era of Evo Comes to a Tumultuous End Read More
Boeing is offering a multibillion dollar industrial benefits package as part of its fighter jet pitch to Canada in hopes that support for domestic industry will give the company an …
Boeing Offers Industrial Benefits Package in Canadian Fighter Jet Bid Read More
The U.S. has approved a potential sale of attack helicopters to Morocco. On November 20, 2019, the U.S. State Department announced via the DSCA that it had approved a potential …
Morocco Approved for Attack Helicopter Buy Read More
The Russian government is ready to proceed with negotiations on arms sales to Iran. At the Dubai Air Show, the director of the Russian Federal Service for Military-Technical Cooperation, Dmitry …
Russia Ready to Discuss Arms Contracts with Iran Read More