A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The long-troubled Denel received a boost in its restructuring efforts when the South African government agreed to recapitalize the ailing firm with a ZAR3.4 billion injection in late 2022. The …
South Africa’s Denel Soldiers On with Restructuring Read More
The bellicose environment of the past year continues as the war rages on in Ukraine and saber rattling gets louder over Taiwan. As nations look to improve security and bolster …
BAE Systems Grows as Tensions Rise Read More
After losing its seat as the incumbent on the Joint Light Tactical Vehicle (JLTV) program to AM General, Oshkosh Defense has filed a formal bid protest with the U.S. Government …
Oshkosh Defense Protests AM General’s $8.7 billion JLTV Award Read More
Despite a challenging economic environment, Honeywell delivered a solid year in 2022 with sales up 3 percent to $35.5 billion from $34.4 billion in 2021. The key to its success …
Honeywell Looks to Continued Growth in 2023, Thanks to Surging Bizjet Market Read More
AM General has succeeded in beating incumbent Oshkosh Defense for an $8.7 billion Joint Light Tactical Vehicle recompete contract. Two other previously identified competitors, GM Defense and Navistar, bowed out …
AM General Beats Oskhosh Defense in JLTV Recompete Upset Read More
Four teams have been awarded Other Transaction Authority (OTA) agreements totaling $24.25 million to develop prototypes for the U.S. Army’s Common Tactical Truck (CTT) program. Vying for the multibillion-dollar program …
Army Awards Common Tactical Truck Prototype Contracts to Four Competitors Read More
A little shy of a year since its failed merger with Lockheed Martin, Aerojet Rocketdyne is being courted by a new suitor, L3Harris Technologies, which agreed to acquire the firm …
L3Harris to Expand into Rocket and Missile Propulsion with Aerojet Rocketdyne Buy Read More
The Brazilian Army has selected the Centauro II produced by a Leonardo and Iveco consortium to fulfill its requirement for armored vehicles. The contract is reportedly worth up to EUR2 …
Brazil Selects Italy’s Centauro as New 8×8 Armored Vehicle Read More
In a bid to expand its presence in European radar markets, Leonardo quickly moved to acquire a stake in Hensoldt when KKR moved to divest its holding in 2021. At …
Hensoldt Grows as Europe Looks to Increase Military Capabilities Read More
Five companies have been awarded contracts for the USAF Next Generation Adaptive Propulsion (NGAP) program. This 10-year, near $5 billion effort seeks to develop a prototype engine for a next-generation …
Five Companies Selected for $975 Million USAF Next Generation Adaptive Propulsion Program Read More