A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The primary objective of the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) program is to produce a next-generation scout aircraft to replace the previously retired Bell OH-58 Kiowa Warrior. FARA …
BRIEFER: Future Attack Reconnaissance Aircraft (FARA) – U.S. Army Read More
This past February, an advanced self-protection system for helicopters, in development for over 10 years, reached a transformative milestone. Northrop Grumman Corporation’s Common Infrared Countermeasures (CIRCM) system achieved Initial Operational …
Advanced Helicopter Self-Protection System Reaches New Heights Read More
For five decades, Forecast International (FI) has done what was often seen as the impossible — take the guesswork out of defense and aerospace forecasting. Read on to learn more …
Forecast International Celebrates 50 Years of Defense Industry Forecasting Read More
The South Korean government has approved a Defense Ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget …
South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget Read More
During a visit to Boeing’s St. Louis factory, Indonesia’s Minister of Defense, Prabowo Subianto, signed a Memorandum of Understanding (MoU) to acquire up to 24 F-15EX combat aircraft. From Boeing …
Indonesia Inks Memorandum of Understanding for F-15EX Purchase Read More
The operation of a ballistic missile nuclear submarine (SSBN) fleet is the price of admission to the “top table” of national prestige and influence. A great power operates SSBNs; if …
With Silent Power Comes Unspoken Responsibility Read More
“The tank is dead. Long live the tank.” There has been no shortage of foolish ideas throughout history, and many such utterances will come in the future. Future conflicts would …
Anti-Armor Missile Market Forecast to Climb to Over $16 Billion in War’s Wake Read More
The Russo-Ukrainian War has been effective in showcasing the capability of certain weapon systems. Case in point, the NASAMS, developed by Raytheon and Kongsberg. This medium-range air defense system uses …
Fighting in Ukraine Boosts Interest in NASAMS Read More
Forecast International analyst Dan Darling and Defense One editor Marcus Weisgerber discuss the state of the global defense industry. Video – Defense One “Follow the money” is a famous quote …
Follow the Money: Global Defense Spending Markets and Trends Read More
Rising geopolitical tensions, active military conflicts, and new innovations have ensured that the defense industry is constantly evolving. To help navigate this intricate landscape, we asked GovExec defense expert David …
Insider Insights: Key Defense Industry Trends and Projections Read More