A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
In 2024, the U.S. Air Force and State Department authorized over $30 billion in contracts and Foreign Military Sales (FMS) focused on precision-guided munitions (PGMs). These agreements included seven critical …
U.S. Sees Surge in Small Diameter Bomb Acquisitions Read More
The ongoing Russo-Ukrainian War continues to yield new obstacles and opportunities for the global defense industry, particularly in munition, air defense, and artillery system markets. In this webinar series, Forecast …
Fire, But Don’t Forget – A Look at Current Munition, Air Defense, and Artillery Markets 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
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
The pandemic has strongly impacted some sectors of the worldwide aerospace/defense industry, but not all sectors have been negatively impacted. What will recovery look like? What is the long-range outlook …
New Report on World Aerospace/Defense Pandemic Outlook and Recovery Read More
The Air Force’s FY20 budget request totals $204.8 billion, reflecting a 5.4 percent increase over the $194.3 billion provided for the service in FY19. However, it is important to remember …
FY20 Budget Overview, Part 3: Air Force Programs Read More
by Dean Lockwood, Military Vehicles & Ordnance Analyst, Forecast International. The European market for mortars remains generally static. As the Swedish 120mm M/29 and any number of Russian designs clearly …
European Players Lead the International Market for Mortars of All Types Read Moreby Dean Lockwood, Military Vehicles & Ordnance Analyst, Forecast International. Like its European counterpart, the international market for mortars remains generally static. As the large number of World War II-era …
Non-European Mortar Market: Taking European Designs In A Different Direction Read Moreby Daniel Darling, Military Markets Analyst, Forecast International. The Indian Defense Ministry has awarded the partnership of local engineering prime Larsen & Toubro (L&T) and South Korea’s Samsung Techwin with …
Baby Steps: Indian Defense Ministry Moving Forward on 155mm/52-cal Self-Propelled Howitzer Requirement Read More