A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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 …
Malaysia Announces Deep Spending Cut for Defense in Upcoming Budget Read More China has launched one Beidou-3 navigation satellites into space aboard a Long March 3B (CZ-3B) launch vehicle. Liftoff occurred at 11:57 p.m. local time (3:57 p.m. UTC; 11:57 a.m. EDT) …
First 3rd-Gen Beidou Navigation Satellite Launched to Geosynchronous Orbit Read More
The Taiwanese Air Force took delivery on October 20 of the first of its upgraded F-16 jet fighters from state-owned aviation company Aerospace Industrial Development Corp (AIDC). The revamped F-16 …
Taiwan Takes Delivery of First Upgraded F-16V Read Moreby C. Zachary Hofer, Electronic Systems Analyst, Forecast International. On July 30, the Japanese Ministry of Defense announced that it had decided to procure Lockheed Martin’s radar over rival Raytheon’s to equip …
Lockheed Martin’s LRDR Selected for Japanese AEGIS Ashore Ballistic Missile Defense Sites Read Moreby Dan Darling, International Military Markets Analyst, Forecast International. The Philippines Department of National Defense (DoND) confirmed on June 20 that the second phase of the most recent 15-year, …
Philippines Government Clears Ambitious Phase 2 Armed Forces Modernization Plan Read Moreby Shaun McDougall, Military Markets Analyst, Forecast International. The historic meeting between U.S. President Donald Trump and North Korean leader Kim Jong-un in Singapore resulted in the signing of a joint statement …
Historic Summit Has Major Implications for U.S. Military Read Moreby Dan Darling, International Military Markets Analyst, Forecast International. Japan’s Ministry of Defense is facing a dilemma in its quest to develop an indigenous stealth combat aircraft that would replace …
Japan’s Pursuit of New-Generation Stealth Fighter Confronts Hurdles Read Moreby Matthew Beres, Airborne Retrofit & Modernization Analyst, Forecast International. Boeing was recently awarded a $60.9 million hybrid (fixed-price-incentive-firm, firm-fixed-price, cost-plus-fixed-fee, and cost-plus-incentive-fee) contract to perform the mission computing upgrade …
Japan Upgrades Its E-767 AWACS Read Moreby Dan Darling, International Military Markets Analyst, Forecast International. Taiwan’s ruling cabinet announced on August 17 that it has approved a fiscal year 2018 budget proposal that favors the …
A Positive Half-Measure: Taiwan’s Proposed 2018 Defense Budget Read Moreby Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. Over the past few years, Hanwha of South Korea has transformed itself into a major defense firm. Founded during the …
Hanwha Focuses on Aerospace and Defense Operations Read MoreSign up for the latest blog posts and products sent straight to your inbox.