A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Leonardo has completed its acquisition of Iveco Group’s defence division for approximately EUR1.6 billion ($1.84 billion), finalizing a deal that gives the Italian aerospace and defence conglomerate full ownership of …
Italy Consolidates Defense Industry as Leonardo Absorbs Iveco’s Military Vehicle Business Read More
PARIS — The Organisation for Joint Armament Cooperation (OCCAR) has signed a contract with Arquus and Nexter, a company of KNDS, for the development of the Véhicule Blindé d’Aide à …
Development of New VBAE Light Armored Vehicle Launched Read More
European military vehicle producer KNDS (KMW + Nexter Defense Systems) completed its restructuring in 2021, with a new streamlined governance structure put into place. The new structure aligns the firm …
KNDS Looking to Expand Into Italy Following Restructuring Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. In a scathing March 14 report released by the U.K. Parliament’s Defence Committee, the British Army’s armored fighting vehicle capability is called deplorable, …
Scathing Report on the British Army’s Armored Fighting Vehicle Capability: ‘Deplorable, Obsolescent and Outgunned’ 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
The pandemic has strongly impacted some sectors of the worldwide aerospace/defense industry, but not all sectors have been negatively impacted. What will recovery look like? What is the long-range outlook …
New Report on World Aerospace/Defense Pandemic Outlook and Recovery Read More
The U.S. Army has canceled its solicitation for an optionally manned fighting vehicle (OMFV) to replace the Bradley after only one company submitted a bid. The service was pursuing the …
U.S. Army Pulls Plug on Optionally Manned Fighting Vehicle Read More
BAE Systems has been awarded a $269 million contract modification by the U.S. Army for Bradley production. Work under the contract will continue through March 31, 2021. The Army is …
U.S. Army Awards BAE Systems $269 Million Bradley Contract Read Moreby Dean Lockwood, Military Vehicles Analyst, Forecast International. The U.S. Army continues to bolster its logistic support capability with a series of recent contracts let to truck manufacturer Oshkosh Defense. …
U.S. Army Makes Significant Investment in HEMTT/PLS Recapitalization Read MoreBy Derek Bisaccio, Middle East Analyst, Forecast International. On January 2, Saudi Arabia carried out the execution of 47 people on terrorism charges. Among those executed was Shia cleric Nimr al-Nimr, a …
Will Saudi Executions Affect LAV Purchase? Read More