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White House Proposes $715 Billion Defense Budget for FY22

The White House has announced that its FY22 budget request will seek $753 billion for national defense, a 1.7 percent increase over the FY21 enacted level. That figure includes the …


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The U.K. Defense Command Paper in Review

The latest U.K. defense review document – the Defence Command Paper titled “Defense in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …

Commercial Aircraft

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Airbus Fourth Quarter and Full Year 2020 Earnings Review and 2021 Outlook

by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues, cash flow and liquidity greatly improved in fourth quarter Reported €1.6 billion net profit in Q4 – first quarterly profit since …