New Zealand Set for Defense Spending Hike
The government of New Zealand unveiled its latest budget on May 30 for the 2019-2020 fiscal year (which runs from July 1 through June 30), with defense in line for …
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South Korea Plans Five-Year Defense Spending Hike with Missile Defense and Counter-Fire Capability in Mind
South Korea’s Defense Ministry unveiled its next five-year budgetary blueprint on January 11, which indicates an average annual hike of 7.5 percent. The blueprint covers the fiscal period between 2019 …
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Indonesia Goes Big with New Helicopter Orders
Indonesia moved forward with an acquisition 17 new-build medium-lift helicopters for its armed forces on January 9, signing the contract with the country’s primary aerospace manufacturer, state-owned PT Dirgantara …
Read More Thales Alenia Space Awarded Contract to Build South Korean Reconnaissance Satellite Network
Thales Alenia Space has signed two contracts to develop a constellation of high-resolution observation radar satellites under the 425 Project for the South Korean Agency for Defense Development (ADD). The …
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Giving Up the Ghost: Taiwan Seeks F-16V Procurement as F-35 Dream Abandoned
The Taiwanese military is ready to forsake its previous ambition to acquire the F-35 Lightning II stealth combat aircraft in favor of a government-to-government contract for 66 F-16V Block 70 …
Read More Sea Change: Japan Plans Destroyer Conversion, Larger F-35 Order with China in Mind
by Dan Darling, International Military Markets Analyst, Forecast International. As the Japanese government sets out its new National Defense Program Guidelines defense capability target policy that will guide the upcoming …
Read More Japan Global Hawk UAV Purchase Moves Forward
Japan’s quest for bringing the RQ-4 Global Hawk high-altitude long-endurance (HALE) unmanned aerial vehicle (UAV) into service moved forward on November 16 when the Pentagon awarded the drone manufacturer, Northrop …
Read More China Sends 42nd and 43rd Navigation Satellites into Orbit
China has launched two Beidou-3 navigation satellites into space aboard a Long March 3B (CZ-3B) launch vehicle. Liftoff occurred on November 19, 2018 at 2:07 a.m. local time (November 18 …
Read More Australia Picks MQ-9 Reaper to Fill Armed MALE Drone Requirement
Australia plans to use the MQ-9 Reaper unmanned aerial vehicle from American firm General Atomics to meet a requirement for an armed drone to tackle a variety of roles. An …
Read More Malaysia Announces Deep Spending Cut for Defense in Upcoming Budget
Under its upcoming budget projections the Malaysian government plans to slash defense expenditures by roughly 10 percent year-on-year. The military spending reductions comes amidst a deficit reduction effort by Prime …
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