
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 …
Read MoreA Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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 …
Read MoreSouth 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 …
Read MoreIndonesia 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 MoreThales 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 …
Read MoreThe 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 Moreby 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 MoreJapan’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 MoreChina 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 MoreAustralia 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 MoreUnder 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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