A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Hyundai Heavy Industries’ presence in defense markets is largely centered on the production of naval warships via its Korea Shipbuilding & Offshore Engineering (KSOE) unit. Here the company is seeking to …
Hyundai Heavy Industries Facing Delays over Daewoo Shipbuilding Merger Read More
The Swiss government has tapped two American-sourced solutions to meet the requirements of its Air 2030 program to replace the Swiss Air Force’s aging fleet of both F-5 Tiger and …
Switzerland Taps F-35, Patriot to Meet Its Air 2030 Requirements Read More
France has agreed to procure an additional MQ-9 Reaper Block 5 unmanned aerial vehicle via the U.S. government-to-government Foreign Military Sales (FMS) channel. The $79.42 million contract, announced on June …
France Orders Additional Reaper Block 5 UAV Read More
L3Harris Technologies weathered the COVID-19 crisis quite well, with sales rising 3 percent to $18.2 billion. The growth trajectory continued in the first part of 2021, and the company …
L3Harris Reaching Its Portfolio Reshaping Goals Read More
The U.S. State Department has approved a Philippines government-to-government Foreign Military Sales (FMS) request for F-16 Block 70/72 combat aircraft, with notification of the proposal delivered to Congress on June …
Guns and Diplomacy: Philippines’ F-16 FMS Request Approved by U.S. Read More
A naval modernization package that will benefit both the German Navy and local industry received a boost on June 23 when the country’s parliamentary defense committee gave the green light …
A Boost for the German Navy as Parliamentary Defense Committee Green-Lights Several Projects Read More
Against a backdrop of Chinese military aircraft incursions into its airspace, the Malaysian Defense Ministry published a request for bids for the supply and delivery of new light combat aircraft …
Malaysia Releases Tender for Lead-In Light Fighter/Trainer Aircraft Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. For years, Croatia has been in the process of modernizing its air force by replacing older Soviet-era aircraft with both new and secondhand …
Rafale Fighter Jet Acquisition: A Major Leap Forward for the Croatian Air Force Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. According to a government report submitted to the German parliament, new European partners are expected to join the Franco-German Main Ground Combat System …
Main Ground Combat System (MGCS) – Status and Path Forward Read More
The overall market for civil aircraft retrofit and modernization is, of course, directly tied to capacity. The COVID-19 pandemic has challenged the airline industry in ways it has never been …
Civil Retrofit & Modernization Recovery Led by Cargo Conversions Read More