A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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
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
BAE Systems has received a $183.8 million contract for Amphibious Combat Vehicles (ACVs) for the Marine Corps. The award is a fixed-price incentive modification to a previously awarded contract (M67854-16-0006) …
BAE Systems Awarded Contract for 36 Amphibious Combat Vehicles Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. At the 28th MSPO International Defence Industry Exhibition in Kielce, Poland, the Polish Ministry of Defense downselected four out of 12 multipurpose …
Four Vehicles Move Forward in Polish Pegaz Multi-Purpose Armored Vehicle Competition Read More
Massive federal deficits, exacerbated by the COVID-19 crisis, have raised serious questions about the future of U.S. defense spending. Even before the pandemic hit the U.S., the Pentagon’s $705.4 …
Navigating the DoD Acquisition Budget During Uncertain Times Read More
Marine Corps officials have outlined foundational force structure adjustments in preparation for conflicts in the years ahead, and the service’s latest budget request scales back a handful of acquisition programs …
Marine Corps Pivots to Future Conflicts Read More
The COVID-19 pandemic cast global markets into a period of uncertainty as it moved across the globe in early 2020. The impact of the virus has yet to be fully …
Leonardo Dealing with COVID-19 Crisis Read More
A new defense policy bill Congress released this week gives the green light to establishing a new Space Force as the sixth Armed Service of the U.S. The new service will fall …
U.S. Defense Policy Bill Establishes Space Force Read More
Company now focused solely on business jets and rail transportation. Bombardier’s restructuring program continues to move along with its announcement that it will sell its aerostructures business to Spirit AeroSystems …
Bombardier Capping Restructuring with Aerostructures Sale to Spirit AeroSystems Read More
Justin Trudeau will remain Canada’s prime minister following the latest national elections, but his Liberal Party lost seats and will move forward in a minority government. Back in 2015, the …
Canada’s Justin Trudeau Remains in Power, but Fails to Secure Majority Government Read More