Aerospace and Defense COVID-19 Coverage
The COVID-19 pandemic cast global markets into a period of uncertainty as it moved across the globe in early 2020. The impact of the virus is just beginning to be …
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Civil Retrofit & Modernization Recovery Led by Cargo Conversions
The overall market for civil aircraft retrofit and modernization is, of course, directly tied to capacity. The COVID-19 pandemic has challenged the airline industry in ways it has never been …
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Forecast International Unveils Freshly Updated Airborne Electro-Optical Market Analysis
Forecast International (FI), a world leader in aerospace and defense market intelligence, has released a new analysis of the airborne electro-optics market. The Market for Airborne Electro-Optical Systems is based …
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Airbus and Boeing Report First Quarter 2021 Commercial Aircraft Orders and Deliveries
Year of Recovery Well Underway for Commercial Jet Makers – Strong Vote of Confidence in 737 MAX by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 77 and …
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White House Proposes $715 Billion Defense Budget for FY22
The White House has announced that its FY22 budget request will seek $753 billion for national defense, a 1.7 percent increase over the FY21 enacted level. That figure includes the …
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The U.K. Defense Command Paper in Review
The latest U.K. defense review document – the Defence Command Paper titled “Defense in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …
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Lockheed Martin and Northrop Grumman to Compete for Next-Generation Interceptor
The Missile Defense Agency (MDA), in a competitive downselect phase, selected Lockheed Martin and partner Aerojet Rocketdyne and a Northrop Grumman and Raytheon Missiles & Defense team to develop and …
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Scathing Report on the British Army’s Armored Fighting Vehicle Capability: ‘Deplorable, Obsolescent and Outgunned’
by J. Kasper Oestergaard, European Correspondent, Forecast International. In a scathing March 14 report released by the U.K. Parliament’s Defence Committee, the British Army’s armored fighting vehicle capability is called deplorable, …
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Aero Vodochody Continues Trainer Focus Under New Owners
With Aero Vodochody successfully refocused on its training aircraft operations, owner Penta decided the time was ripe to divest. In mid-2020, a joint venture firm led by Hungarian businessman Andras …
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Airbus Fourth Quarter and Full Year 2020 Earnings Review and 2021 Outlook
by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues, cash flow and liquidity greatly improved in fourth quarter Reported €1.6 billion net profit in Q4 – first quarterly profit since …
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BAE Systems Awarded Contract for 36 Amphibious Combat Vehicles
BAE Systems has received a $183.8 million contract for Amphibious Combat Vehicles (ACVs) for the Marine Corps. The award is a fixed-price incentive modification to a previously awarded contract (M67854-16-0006) …
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