A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
In an escalation in the ongoing standoff between Iran and Saudi Arabia, the Saudi oil facilities Abqaiq and Khurais were hit by a brazen attack over the weekend, damaging the …
Attack on Saudi Oil Facilities Highlights Challenges for Saudi Foreign Policy Read More
By Ray Jaworowski, Senior Aerospace Analyst, Forecast International. Data generated by Forecast International through its innovative Platinum Forecast System 4.0 indicate that several planned new-start acquisition programs will kick-start demand in …
Asia to Lead Light Military Rotorcraft Market Over the Next 15 Years Read More
The United Kingdom’s Tempest next-generation combat aircraft project is gaining another partner following the September 10 signing of a statement of intent between Italy and Britain. The SOI – inked …
Italy Signs Statement of Intent to Participate in Tempest Fighter Project Read More
The Senate Appropriations Subcommittee on Defense advanced its FY20 funding bill on September 10. The legislation provides $694.9 billion for the Department of Defense, which is $20.5 billion above the …
Senate Appropriations Defense Subcommittee Advances FY20 Funding Bill Read More
Taiwan’s Ministry of National Defense (MND) plans to send teams of experts to Europe and the U.S. to consult with international defense industrial partners as the construction phase of the …
Taiwan Dispatching Teams to Europe, U.S. as Indigenous Submarine Program Readies Launch Read More
The Russian Navy is preparing to receive a number of submarines over the next year. Speaking to reporters on September 9, 2019, Sevmash Shipyard Director General Mikhail Budnichenko said that …
Russian Navy Receiving Over Half Dozen Submarines Read More
Armored vehicles continue to be a key element of South Africa’s arms exports, a government report indicates. The National Conventional Arms Control Committee (NCACC), a government agency overseeing South Africa’s …
Armored Vehicles Top South African Arms Exports Read More
With aircraft production booming, all these new planes are going to need someone to fly them. For CAE this means long-term stability in its civil and defense pilot training operations.
CAE Expands Training to Meet Heightened Pilot Demand Read More
BAE Systems has been awarded a $269 million contract modification by the U.S. Army for Bradley production. Work under the contract will continue through March 31, 2021. The Army is …
U.S. Army Awards BAE Systems $269 Million Bradley Contract Read More
U.S. Manufacturers Deliver 380 Aircraft – Down 48 Units from Q2 2018 by J. Kasper Oestergaard, European Correspondent, Forecast International. The General Aviation Manufacturers Association (GAMA) reports that manufacturers showed …
World General Aviation Aircraft Shipments Up 2.8% in Second Quarter 2019 Read More