A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Indonesia signed a contract with South Korea’s Korea Aerospace Industries (KAI) worth $89.4 million on November 8 at the Indo Defense 2018 Expo in Jakarta. The contract involves the sale …
Indonesia Inks Deal with KAI for Aircraft Trainer Package Read More Dassault Aviation has pulled its Rafale fighter jet out of Canada’s CF-18 replacement competition, expressing concerns about interoperability and intelligence sharing requirements for Ottawa’s future fighter. The concern appears to …
Dassault Exits Canadian Fighter Competition Read Moreby Stuart Slade, Senior Naval & Marine Power Systems Analyst, Forecast International. The Norwegian frigate Helge Ingstad has been beached and abandoned following a collision with an oil tanker in …
Norwegian Frigate a Total Loss? Read More Manufacturer Phazotron-NIIR Corporation is soon to complete development of the Zhuk-AM AESA radar, according to Russian media. TASS, citing a source in the Russian defense industry, reported on November 8, …
New AESA Radar for MiG-29 Completing Development Read Moreby Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. As part of a broad strategy to streamline its operations, Bombardier announced that it would sell off a number of …
Bombardier to Layoff 5,000, Sells Q400 Turboprop Program Read More Under its upcoming budget projections the Malaysian government plans to slash defense expenditures by roughly 10 percent year-on-year. The military spending reductions comes amidst a deficit reduction effort by Prime …
Malaysia Announces Deep Spending Cut for Defense in Upcoming Budget Read More by Shaun McDougall, Military Markets Analyst, Forecast International. The Democrats took control of the U.S. House of Representatives following Tuesday’s midterm elections, setting the stage for what could be a prolonged battle …
Pentagon Budget Faces Increased Pressure After Elections Read More The British Ministry of Defense (MoD) has published its latest Defense Equipment Plan, a rolling ten-year plan that outlines major equipment programs and funding plans. The plan involves an allocation …
U.K. Defense Equipment Plan Faces Affordability Hurdles Read More The U.S. Air Force has awarded General Atomics a $263.4 million contract for an unspecified number of MQ-9 Reaper unmanned aerial vehicles. Although the 2019 fiscal year is well underway, …
U.S. Air Force Orders MQ-9 Reapers Read More A Russian Soyuz 2.1b launch vehicle carried a GLONASS-M navigation satellite into orbit from the Plesetsk Space Center in northern Russia on November 3, 2018 at 11:17 p.m. Moscow Time …
Russia Launches Latest GLONASS Satellite on Soyuz Rocket Read More