A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Australian shipbuilding giant Austal shot down a takeover offer worth $662 million from South Korea’s Hanwha Ocean. The deal was deemed unlikely to gain approval from regulators due to Austal’s …
Defense Contract Concerns Sink Hanwha Ocean’s Bid for Austal Read More
U.S. lawmakers passed yet another stopgap spending bill that would avert a partial government shutdown this weekend. The deadline to pass a final FY24 budget was pushed to March 8 …
Congress Delays FY24 DoD Budget Again, Raising Fears of a Year-Long Continuing Resolution Read More
The U.S. is facing yet another potential government shutdown at the end of the week. The government is already operating under its third continuing resolution of the year, which keeps …
Another Budget Deadline Approaches in Washington Read More
As part of an effort to expand its operations in Romania and Europe overall, Rheinmetall is acquiring a controlling stake in Romanian vehicle maker Automecanica Mediaș. The announcement follows an …
Rheinmetall Acquires Majority Stake In Romanian Military Vehicle Maker Read More
To say the U.S. FY24 budget process has been tumultuous would be an understatement. In addition to the commonplace continuing resolutions that are needed to avoid shutdowns when Congress is …
A Preview of FY24 U.S. Congressional Defense Budget Negotiations Read More
by David Hutchins and Shaun McDougall The Biden administration unveiled its inaugural National Defense Industrial Base Strategy earlier this month, outlining the military’s plans to bolster the domestic supply base …
Briefer: National Defense Industrial Strategy Read More
Airbus Helicopters has agreed to acquire Aerovel and its signature Flexrotor system to bolster its unmanned aerial capabilities. This strategic move bolsters Airbus’ presence in the tactical UAS market, offering …
Airbus Helicopters Adds Aerovel to Unmanned Aerial System Portfolio Read More
*UPDATED* As previously announced, L3Harris finalized its acquisition of Aerojet Rocketdyne on July 28, following news that the Federal Trade Commission will not block the deal. The operation is now …
L3Harris Closes $4.7 Billion Rocketdyne Acquisition Read More
Thales has agreed to acquire U.S.-based Imperva from Thoma Bravo, a software investment firm, for $3.6 billion. Imperva, which employs some 1,400, develops cybersecurity applications to protect critical applications, APIs, …
Thales Grows Cybersecurity Operations With $3.6 billion Imperva Buy Read More
The FY24 budget request (PB24) changed significantly from projections in last year’s spending plan (PB23), for a variety of reasons. Some programs were increased in scope, some were scaled back, …
Biggest Gains and Losses in the Pentagon’s FY24 Budget Read More