A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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
Despite a turbulent last few months for Boeing–marked by a criminal fraud charge and its malfunctioning Starliner spacecraft–the company’s defense arm has had a remarkably productive summer thanks to foreign …
Boeing’s Late-Summer Rotorcraft Push Read More