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Asia to be biggest aircraft market by 2029: Airbus

HONG KONG: Asia will emerge as the world's biggest aircraft market by 2029, accounting for a third of worldwide plane deliveries as the middle...

New Armored Vehicle Technology From Africa To Shake Up Market

European defense manufacturers are facing strong competition in the form of new ground breaking vehicle technology developed in Africa. Paramount Group, Africa's largest privately owned...

Counter-IED Effort Spurs $24.6 Billion Electronic Warfare Market

An estimated $24.6 billion will be spent on the development and production of major EW programs over the next 10 years, according to Forecast...

Military Modernization Efforts Spur Further Middle East Defense Growth

The Middle East defense spending binge is set to grow further in coming years as Gulf Arab nations embark on military modernization programs. In...

Submarine Market Projected Worth $106+ Billion Through 2011-2020

Forecast International's "The Market for Submarines" analysis projects that 111 submarines worth $106.7 billion will be produced from 2011-2020. The average value of these...

Internal Conflict Drives Latin American Arms Market

NEWTOWN, Conn.: Latin American defense spending is expected to grow from approximately $63 billion in 2011 to more than $65 billion by 2014, according...

SIPRI Reports on Fighter Aircraft Export Market

STOCKHOLM: With the Airshow China 2010 opening next week in Zhuhai— where advanced combat aircraft will be showcased to potential buyers—and with Saudi Arabia,...

Long-Term Instability Seen for Light Military Rotorcraft Market

NEWTOWN, Conn.: In a new study, “The Market for Light Military Rotorcraft,” Forecast International projects that 1,941 rotorcraft will be built between 2010 and...

Communications & Government Satellites Drive Launch Market

NEWTOWN, Conn.: Forecast International projects the worldwide expendable launch vehicle (ELV) market to be worth $47 billion over the 2010-2019 time-period. The “Market for...

European unmanned ground vehicles market sees slow growth

LONDON: The European unmanned ground vehicles (UGV) market is growing slowly, but steadily, depicting a relatively undisturbed trend for the year 2011 and beyond....