A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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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The U.S. Navy formally took delivery of its newest Arleigh Burke class guided missile destroyer, the future USS Paul Ignatius (DDG 117), on February 22. The ship was built by Huntington …
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