A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
President Joe Biden has not adopted a naval expansion proposed by the previous administration, but the future of the Navy fleet remains uncertain because a new long-term shipbuilding plan has …
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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.S. Navy has released the long-awaited update to its 30-year shipbuilding plan. The public release of the strategy document was delayed early this year when then-Defense Secretary Mark Esper …
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U.S. Defense Secretary Mark Esper outlined plans to build a Navy fleet consisting of over 500 manned and unmanned ships by 2045. The planned fleet features a larger submarine component, …
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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 …
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The U.S. Navy has modified its Large Unmanned Surface Vessel (LUSV) acquisition plans. Last year, the service said it would begin buying two LUSVs per year starting in FY21. Those …
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Halfway through its latest 10-year plan, and Naval Group is showing some slow, but promising, results. Sales rose almost 13 percent in 2018 to EUR3.6 billion, and in the first …
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After several years of restructuring its operations, a new Hyundai Heavy Industries Group has emerged. Through a complex shareholding arrangement, the various operations have been collated under one banner, with …
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by Stuart Slade, Senior Naval & Marine Power Systems Analyst, Forecast International. Canada’s decision to select the BAE Systems/Lockheed Martin bid for the Canadian patrol frigate replacement has sent shock-waves …
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The U.S. Navy has issued a draft Request for Proposals for a new guided missile frigate, being acquired through the FFG(X) competition. The service plans to buy a total of …
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