Forecast International is pleased to announce the launch of a newly enhanced U.S. Defense Budget Forecast database, now featuring the ability to track major program spending and identify winners and losers within every Pentagon budget request. FI’s budget database provides quick access to DoD request and forecast budget data, justification documents, congressional markups, and more. The Pentagon’s massive weapons spending plan can be sorted by value, with options for filtering programs by appropriation title (R1/P1), service, and appropriation account. Continue reading
by Edward Nebinger, Forecast International.
Recent reports of significant layoffs by Boeing have proven to be of little concern to Wall Street investors, who shrugged those actions off as an efficiency move. Not only that, Boeing stock rose dramatically to a new high last week, and during a two-day period jumped 28 points, sending the Dow Jones Average to a new all-time high. Continue reading
The U.S. State Department recently approved a Foreign Military Sale (FMS) to Australia of five Gulfstream G550 Airborne Intelligence, Surveillance, Reconnaissance and Electronic Warfare (AISREW) aircraft, worth an estimated $1.3 billion. Continue reading
This blog post briefly highlights recent Airborne Retrofit & Modernization news. More in-depth news can be found in Forecast’s E-Market Alerts. Sign up here to receive our World Aerospace and Defense Intelligence Newsletter. To the minute R&M news can also be found via the Forecast R&M twitter account, @MBeresFI. Continue reading
Embraer plans to conduct a flight display of three new aircraft at this year’s Paris Air Show. The Brazilian aerospace company will display its commercial E195-E2 airliner, Legacy 450 business jet, and KC-390 military multirole transport. Continue reading
This blog post briefly highlights Airborne Retrofit & Modernization news from the past week. More in-depth news can be found in Forecast’s E-Market Alert. To the minute R&M news can also be found via the Forecast R&M twitter account, @MBeresFI.
Switzerland’s long-term air-defense plans are beginning to come into view following the unveiling by the Swiss Department of Defense, Civil Protection and Sport (DDPS) of recommendations by an expert group charged with examining the country’s combat aircraft and air defense requirements. Continue reading
The T-X competition is receiving a lot of attention in the aviation world. Such a lucrative contract—350 aircraft and further orders likely—promises a heated contest, with the triumphs and upsets a competition of this scale brings. The contending entrants are impressive and include both clean-sheet and current production models. While the designers – Boeing/Saab, Lockheed Martin/KAI, Leonardo, Sierra Nevada/TAI, and Stavatti – prepare for the impending battle, it’s worth a look at the engines that will power the aircraft. Continue reading
The Pentagon’s FY17 budget was signed into law on May 5, more than halfway through the fiscal year. The legislation couldn’t come soon enough, as the military has been operating under a series of three continuing resolutions that funded the department at FY16 levels. CRs bring with them a host of difficulties, including restrictions on launching new programs, and leave many existing programs overfunded or unfunded. The Pentagon has become quite adept at navigating CRs, which have sadly become the norm in Washington. However, this year’s scenario was particularly troubling, as CRs in recent years haven’t lasted more than a few months. Continue reading
While the June 2016 Brexit vote may have been a setback for the ultimate European experiment, the results seemingly run counter to past European collaboration. Nowhere is this better illustrated than in the world of aerospace. The Eurofighter – perhaps the pinnacle of European aviation – is a testament to what the continent can do … together. Production of the aircraft is now winding down, and its ancillary, the Eurojet EJ200 gas turbine engine, is being affected. Continue reading