A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
“This time, for sure, the tank is dead.” Despite the repeated predictions of the tank’s demise, the anti-armor missile market continues to thrive. The ongoing Russo-Ukrainian War has once again …
Russo-Ukrainian War Fuels Demand for Anti-Tank Missiles Read More
The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). …
Lockheed Martin Awarded $3.2 Billion USAF Missile Contract Read More
South Korea’s Defense Acquisition Program Administration (DAPA) signed off on four weapons programs on April 26, comprising procurement of SM-3 missiles, a new air-to-air missile, frigates, and a Close-In Weapon …
South Korea Approves SM-3 Buy, Plus New Air-to-Air Missile and Fourth Batch of Frigates Read More
The Russo-Ukrainian War has shattered the perception that Vladimir Putin is the leader of a military superpower. In nearly two years of fighting, Russia has been unable to defeat Ukraine …
How Russo-Ukrainian War Could Undermine Moscow’s Missile Exports Read More
All good things come to an end. The Banana Splits show, March Madness, and summer vacation come to mind. Their time with us is finite. (Tab soda, Earth shoes, and …
HELLFIRE Production Fades Read More
The Department of Defense has announced a new security assistance package for Ukraine worth $2.6 billion. The aid package is split up into two parts. The first is a $500 …
U.S. Announces $2.6 Billion in Security Assistance as Ukraine Prepares for Counteroffensive Read More
Russia says it is increasing monthly missile production rates. The war in Ukraine is consuming missiles far faster than Moscow had anticipated. Even the large pre-war Russian inventory of tactical …
Can Russia Really Ramp Up Missile Production? Read More
The war in Ukraine has had a significant impact on U.S. munitions stockpiles, and lawmakers are taking action to make it easier for the Pentagon to replenish those munitions. Washington …
Congress Gives Go-Ahead for Multiyear Munitions Buys Read More
So far this year, four defense committees in Congress have put their own unique spin on the FY23 defense budget while taking the administration’s request and other funding recommendations into …
How FY23 Defense Legislation Will Impact DoD Acquisition Programs Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. More than six months have passed since the Russian invasion of Ukraine commenced on February 24. With no end to the war in …
Is HIMARS a Game-Changer in the War in Ukraine? Read More