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Articles By: Forecast International
Amidst Regional Changes, Middle East Arms Bazaar Remains Open
While the news coming out of the Middle East over the past year has focused upon the percolations of restless societies, two aspects remain consistent amidst the region’s sea of political unrest: strong levels of investment in security forces and the appetite for defense-related acquisitions. The market for arms sales in the Middle East continues [...]
Thales Avionics Wins Big With Indian Selection of Rafale
Indian periodical The Hindu recently reported that France’s Dassault Aviation won a $10 billion contract to supply India with 126 Rafale fighters under the Medium Multi-Role Combat Aircraft (MMRCA) program. Dassault will supply the first 18 aircraft in “fly-away” condition and the rest will be manufactured in India at the Hindustan Aeronautics facility under a [...]
Abrams Market Share in World Tank Market Continues to Diminish
In its annual analysis, “The Market for Tanks,” the Forecast International Weapons Group expects the international market will produce more than 5,500 main battle tanks, worth in excess of $24.25 billion, through 2021. “While increased modernization and retrofit remains transparent to our analysis of new-production tanks, this factor has become a significant force in the [...]
US Navy Invests In Electronic Warfare Simulator Development
Through the next 10 years, the U.S. Navy’s EW Simulator Development program should see steady annual funding. With the increasing production over the next several years of new flying platforms – the EA-18G and the F-35 Joint Strike Fighter – there will be steady demand for the most advanced simulation and training technologies. The objective [...]
Shifting Priorities Slowing African Defense Spending
Forecast International expects African defense budgets will grow at an average of less than 3 percent per year for 2011 through 2015. This figure is substantially lower than the 2006-2010 compound annual growth rate of 12.96 percent per year. While the expected trend is not entirely negative, as it still projects growth, the decrease does [...]
Pentagon Spending Crunch Threatens Major Programs
The Department of Defense is endeavoring to safeguard its portfolio of weapon acquisition programs as it prepares to absorb hundreds of billions of dollars worth of budget cuts over the next decade. These cuts stem from a debt-reduction plan agreed upon by Congress last summer known as the Budget Control Act of 2011, though the [...]
Market for Light Tracked Vehicles Worth $21 Billion
In its annual analysis “The Market for Light Tracked Vehicles,” the Forecast International Weapons Group reports that it expects the light tracked vehicles market to produce nearly 10,200 units, worth more than $20.9 billion, through 2020. This international market remains a highly competitive and dynamic environment. Dean Lockwood, Weapons Systems Analyst at Forecast International, notes [...]
US, UK Seen Dominating Military Communications Market
Forecast International projects that defense departments worldwide will spend approximately $7.69 billion on 25 different multimission communications development, acquisition, and maintenance programs over the next decade. More specifically, this dollar amount will be allocated for the development, procurement or maintenance of multimission communications systems or technology. The company’s “The Market for Multimission Communications Systems” analysis [...]
Erieye is Sweden’s AEW Solution
In February 2010, Saab announced that the 20th Erieye airborne early warning and control (AEW&C) system had rolled off the production line and was ready for aircraft installation and final testing. That same month, Saab announced that Erieye had been through a spiral development process and now features active electronically scanned array (AESA) radar technology. [...]
