A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
President Joe Biden has not adopted a naval expansion proposed by the previous administration, but the future of the Navy fleet remains uncertain because a new long-term shipbuilding plan has …
Biden Administration Holds Off on Navy Fleet Expansion, but Long-Term Shipbuilding Plans Remain Uncertain Read More
The U.S. House Armed Services Committee began its markup of the FY20 defense authorization bill Wednesday morning, and ranking member Mac Thornberry (R-TX) is trying to reverse cuts contained in …
Thornberry Pushes for Higher Topline in Defense Authorization Bill Read More
Lockheed Martin has dropped out of the running for the U.S. Navy’s FFG(X) frigate competition, USNI News reports. The company had been planning to offer a frigate design based on …
Lockheed Martin Drops Out of FFG(X) Frigate Competition Read More
The Pentagon has laid out a $205.6 billion budget for the Navy in FY20, an increase of around 5.1 percent compared to the FY19 enacted level of $195.6 billion. Mirroring …
FY20 Budget Overview, Part 2: Navy Programs Read More
Northrop Grumman Systems Corp was awarded a $55.1 million contract by the U.S. Navy for the procurement of five MQ-8C Fire Scout unmanned air systems and two lightweight fuel cells. …
U.S. Navy Awards Contract for Five MQ-8C Fire Scouts Read More
Lockheed Martin has been awarded a contract for one Freedom class Littoral Combat Ship (LCS 31), the last of three LCS funded by the U.S. Navy in FY19. The other …
U.S. Navy Awards Contract for Third FY19 Littoral Combat Ship Read More
The U.S. Navy awarded Austal a contract last week for two Independence class Littoral Combat Ships, LCS 36 and LCS 38, representing two of the three ships funded by Congress …
Austal Awarded Contract for Two Littoral Combat Ships Read Moreby Shaun McDougall, Military Markets Analyst, Forecast International. The U.S. House of Representatives recently passed its version of the FY19 defense authorization bill by a vote of 351-66. The bill supports a …
U.S. House Passes FY19 Defense Authorization Bill Read More Saudi Arabia will receive four vessels produced by Lockheed Martin. On March 5, 2018, the U.S. Department of Defense awarded Lockheed Martin a $481.2 million contract for the production of …
Saudi MMSC Purchase Moving Forward Read More By Andrew Dardine, Electronic Systems Analyst, Forecast International. Based on a projection in the FY16 defense budget, the U.S. Navy will spend more than $2.3 billion over the next several …
U.S. Navy to Spend over $2 Billion on Naval Electronic Warfare Program Read More