A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
“This time, for sure, the tank is dead.” Despite the repeated predictions of the tank’s demise, the anti-armor missile market continues to thrive. The ongoing Russo-Ukrainian War has once again …
Russo-Ukrainian War Fuels Demand for Anti-Tank Missiles Read More
A year after Oct. 7, the Middle East is in the midst of one of its most widespread conflicts in recent memory, with new developments coming at a dizzying rate. …
Northern Front: Israel’s Expanding Conflict with Hezbollah and Iranian Regional Influence Read More
The U.S. and Poland have agreed to a Foreign Military Financing loan worth $3.08 billion. The deal represents the third loan by the U.S. to the Polish Ministry of National …
U.S. and Poland Fortify Defense Ties with Aircraft and Financing Deals Read More
Turkish defense company Otokar announced on Friday that it has been selected to proceed with negotiations for a major sale of armored vehicles to the Romanian Army, as the eastern …
Romania Selects Otokar for Major Armored Vehicle Acquisition Read More
September and October have been experiencing a flurry of contract awards and contract modification increases for the United States Navy’s Virginia class submarine program. Below are two of the latest …
U.S. Virginia Class Submarine Program Sees Flurry of Contract Activity Read More
A snapshot of recent news from sources around the world on the ongoing Russia-Ukraine war. Political Developments NATO’s supreme allied commander, U.S. Army Gen. Christopher Cavoli, has authorized an effort …
This Week in the Russia-Ukraine War (October 4) Read More
The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). …
Lockheed Martin Awarded $3.2 Billion USAF Missile Contract Read More
Ireland’s Ministry of Defense announced a topline budget of €1.35 billion ($1.5 billion) for fiscal year 2025 on October 1. The FY25 allocation marks a €100 million ($111 million) rise …
Ireland Announces Record $1.5 Billion Defense Budget for 2025 Read More
Japan’s Ministry of Defense (MoD) formally inked contracts for the production of two new-build naval destroyers being equipped with the AEGIS air warfare battle management system. The new vessels – …
Japan Orders Two Additional Aegis-Equipped Destroyers Read More
KNDS has taken a significant step in supporting Ukraine, officially opening a subsidiary in Kyiv. The new subsidiary, KNDS Ukraine LLC, will serve as a central hub for coordinating the …
KNDS Opens Kyiv Subsidiary to Bolster Ukrainian Military Support Read More