A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The U.K. Business Secretary has officially cleared the acquisition of Ultra by Cobham to proceed. The GBP2.57 billion ($3.06 billion) deal was first announced in August 2021 . The deal …
U.K. Clears Cobham to Complete Ultra Acquisition Read More
Canada can be added to the growing list of countries that have pledged to increase defense spending in the wake of Russia’s invasion of Ukraine. Ottawa released a 2022 budget …
Canada Outlines Plan to Increase Defense Spending and Conduct a New Defense Policy Review Read More
On Monday, the Biden administration will request an $813.3 billion national security budget, which includes $773 billion for the Pentagon plus funding for nuclear programs in the Department of Energy …
White House Seeking $813.3 Billion for National Security in FY23 Read More
Russia’s invasion of Ukraine has given rise to uncertainty about the broader security situation in Europe, and raises questions about U.S. defense investment as Washington weighs its response options. With …
Will Russia’s Invasion of Ukraine Change the U.S. Defense Budget Calculus? Read More
The U.S. Air Force is seeking information on potential replacements for its E-3 Airborne Warning and Control System aircraft, and a contract could come as early as FY23, according to …
U.S. Air Force Could Award Contract for E-3 AWACS Replacement in 2023 Read More
GovExec, the leading information services company for government leaders and contractors, today announced the acquisition of Forecast International, the premier provider of subscription-based market intelligence, forecasting, and proprietary research, as …
GovExec Acquires Forecast International 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
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