A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
New Zealand has announced its intention to provide its armed forces with an NZD748 million ($471 million) top-up of investment over a four-year period, or roughly NZD187 million ($118 million) …
Amid Retention Woes, New Zealand Scrambles to Increase Defense Spending Read More
Australia’s cancellation of its contract with France’s Naval Group for 12 Shortfin Barracuda class submarines (the Shortfin being a conventionally powered variant of the nuclear-powered Barracuda) in favor of …
Australia’s Surprise Decision and the Dynamics of the World Submarine Market Read More 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 …
New Zealand Set for Defense Spending Hike Read More
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 …
South Korea Plans Five-Year Defense Spending Hike with Missile Defense and Counter-Fire Capability in Mind Read More
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 …
Indonesia Goes Big with New Helicopter Orders Read More 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 …
Thales Alenia Space Awarded Contract to Build South Korean Reconnaissance Satellite Network Read More
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 …
Giving Up the Ghost: Taiwan Seeks F-16V Procurement as F-35 Dream Abandoned Read More 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 …
Sea Change: Japan Plans Destroyer Conversion, Larger F-35 Order with China in Mind Read More 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 …
Japan Global Hawk UAV Purchase Moves Forward Read More 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 …
China Sends 42nd and 43rd Navigation Satellites into Orbit Read More