A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Rolls-Royce and Babcock Engineering announced that they have reached an agreement with Equitix Investment Management Limited to sell their respective stakes in AirTanker Holdings Limited. AirTanker Holdings Limited, a joint …
Rolls-Royce and Babcock Sell Stakes in AirTanker Holdings Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. On September 7, aerospace components and parts maker TransDigm Group withdrew its preliminary, non-binding 900p/share (GBP7.0 billion / $9.7 billion) offer to acquire …
Clear Path for Parker Hannifin as TransDigm Group Withdraws $9.7 Billion Offer to Acquire Meggitt Read More
The fall of Kabul came much faster than anticipated, but U.S. President Joe Biden says he remains confident in his decision to withdraw American forces. Afghan President Ashraf Ghani fled …
Biden Undeterred as Kabul Falls Read More
With the disposal of its rail-related transportation division, Bombardier has reached the zenith of its restructuring efforts. After years of divestments and restructurings, today’s Bombardier is a pure-play aerospace company …
Bombardier Now Solely Focused on Aerospace Read More
Senate Democrats passed a $3.5 trillion non-binding budget resolution Wednesday morning along party lines that recommends limiting defense budget growth to 2.2 percent per year over the next five years. …
Senate Passes $3.5 Trillion Budget Resolution without $50 Billion Defense Infrastructure Amendment Read More
With the signing of a contract on July 27 between the Polish Armament Inspectorate and a consortium led by the Polish Armaments Group (Polska Grupa Zbrojeniowa SA, or simply PGZ), …
Poland’s Miecznik Frigate Program Launched Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. On August 2, British aerospace and defense company Meggitt announced that it has accepted an offer to be acquired by Parker Hannifin, a …
British Aerospace & Defense Company Meggitt Agrees to $8.8 Billion Takeover by Parker Hannifin Read More
The Indian Ministry of Defense (MoD) has issued a Request for Proposals (RFPs) for the construction of six new Project 75(India) (P-75I) diesel-electric attack submarines (SSKs) featuring air-independent propulsion (AIP) …
India’s Defense Ministry Issues First P-75I Submarine Tender Read More
Year of Recovery Continues for Commercial Jet Makers – 737-10 Successfully Completes First Flight by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 79 and 172 commercial jets …
Airbus and Boeing Report Second Quarter 2021 Commercial Aircraft Orders and Deliveries Read More
Poland’s defense minister, Mariusz Blaszczak, confirmed rumors of a planned acquisition by Warsaw of 250 M1A2 Abrams SEPv3 main battle tanks (MBTs) from the U.S. on July 14. The purchase …
Poland Outlines Abrams Tank Procurement Read More