A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Swedish Defence Materiel Administration (FMV) has signed two major contracts with KNDS, the German-French defense group, to both modernize its current tank fleet and procure new armored vehicles. The …
Sweden Signs Agreement to Modernize and Expand Leopard Tank Fleet Read More
Finland, Sweden, Norway, Lithuania, Estonia, and the Netherlands have signed a statement of intent signed a statement of intent to explore a joint procurement of CV90 armored infantry fighting vehicles …
Six Nations Move Toward Joint CV90 Armored Vehicle Procurement Read More
Following its initial development contract last year, Mack Defense has secured a follow-on award to produce two prototype vehicles for the next phase of the U.S. Marine Corps’ Medium Tactical …
Mack Defense and ND Defense Advance in Marine Corps MTT Prototype Competition Read More
The U.S. Army is seeking industry input for a next-generation autonomous breaching vehicle that could reduce risk to troops in warzones. The service recently released a Request for Information (RFI) …
U.S. Army Eyes New Autonomous Breaching Vehicle with ‘BaDGER’ Program Read More
In a pivotal step for European defense modernization, four major defense companies—KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales—have formally established the MGCS Project Company GmbH (MPC). The new entity, …
MGCS Project Company GmbH Officially Launched by KNDS, Rheinmetall, and Thales Read More
As of March 2025, the United States remains the world’s largest arms exporter, accounting for 43% of global arms exports. But even as demand for American-made defense equipment surges amid …
Trump Tariffs Hammer U.S. Artillery Market Despite Export Dominance Read More
Hanwha plans to establish an arms factory in Romania’s Dambovita county within two years, aiming to create a regional hub for the production, maintenance, and repair of its K9 and …
Hanwha to Build Arms Factory in Romania, Targeting European Hub Read More
Rheinmetall Landsysteme GmbH recently showcased the Kodiak armored engineer vehicle at a commanders’ conference for the Polish military engineer corps. The demonstration took place in late February at the Ostrowo …
Rheinmetall Demonstrates Kodiak Armored Engineer Vehicle in Poland Read More
The People’s Republic of China (PRC) self-propelled howitzer (SPH) program represents a significant effort to modernize its heavy artillery. Over the years, the PRC has continuously developed and improved its …
BRIEFER: People’s Liberation Army Self-Propelled Howitzers Read More The German Federal Cartel Office (Bundeskartellamt) has approved the formation of a joint venture between Germany’s defense systems producer Rheinmetall AG and Leonardo S.p.A., an Italian aerospace and defense company. …
Rheinmetall and Leonardo JV Receives Approval, to Focus on Italian Army Programs Read More