Serbia’s Soviet-Legacy Military Rearmament Project Gets New Supplier

by Dan Darling, International Military Markets Analyst, Forecast International.

MiG-29

In an interesting twist to the long-expected Serbian acquisition of a batch of MiG-29 combat aircraft and Russian-designed missile systems, Serbia’s defense minister, Zoran Djordjevic, has announced that both military platforms will be donated from Belarus. Continue reading

Thailand-Russia Relations Warm as Defense Industrial Collaboration Agreement Nears Finalization

by Dan Darling, International Military Markets Analyst, Forecast International.

Mi-8MTV-5 (export variant: Mi-17V-5) is a medium-lift military helicopter. Photo – Russian Нelicopters, JSC.

Ties between Russia and Thailand appear to be heating up on the defense front following a meeting in Bangkok on January 16 between Russian defense officials and military leadership of the Royal Thai Armed Forces. According to reports, the meeting involved discussions of a potential government-to-government accord aimed at military-technical cooperation. The agreement outline in question would extend Thailand partnership status on a jointly run production and maintenance facility for the Mil Mi-17V-5 transport helicopter export variant. Continue reading

Kazakhstan Plays Mediator for Middle East Conflicts

 by Derek Bisaccio, Military Markets Analyst, Forecast International.

Kazakh President Nursultan Nazarbayev and Russian President Vladimir Putin,
at a recent CSTO meeting in St. Petersburg.
Source: Russian Presidency website

Starting with the decision in the mid-1990s to relinquish its inherited nuclear arsenal, Kazakhstan has maneuvered itself on the international stage as a responsible global player. That decision, which saw Kazakhstan return Soviet nuclear weapons to Russia after the collapse of the Soviet Union, may have been made for a number of reasons, but Astana regularly points to it as an indicator of Kazakhstan being a positive international force. Continue reading

Sukhoi Builds on Initial Success

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

Sukhoi Superjet 100

As the primary foundation upon which Russia’s United Aircraft Corp has been built, Sukhoi remains the strongest of the Russian manufacturers.  The company’s success is due to two programs: one civil aircraft, the Sukhoi Superjet 100; and one military, the Su-35 fighter. Continue reading

Estonia Earmarks 2.2 Percent of GDP for Defense under 2017 Budget

by Dan Darling, International Military Markets Analyst, Forecast International.

Flag of Estonia

Under the Estonian government’s 2017 budget, recently has passed by the Parliament, topline defense spending will reach a record high. The FY17 state budget will see government expenditures climb by 7.6 percent year-on-year, with defense receiving a 5.8 percent boost to bring military spending up to EUR477 million ($498 million). More importantly, the uptick in military-related spending will increase the defense budget to 2.2 percent of GDP – above the symbolic 2 percent of GDP minimum threshold required of its members by the NATO Alliance.  Continue reading

Cash-Strapped Serbia Eyes Russian Military Hardware – But Its Future Lies Westward

by Dan Darling, International Military Markets Analyst, Forecast International.

Flag of Serbia

Flag of Serbia

The much-neglected Serbian armed forces are in need of an equipment overhaul, and the government is betting on Russia to be its provider. The two countries have a centuries-old friendship rooted in ethnic, religious, and political ties. More importantly, Russia has stood in Serbia’s corner over such issues as the 1999 Kosovo War between the Serbia-led Federal Republic of Yugoslavia and NATO and the postwar declaration of independence by the Kosovar Albanian government in February 2008. Continue reading

MiG Engine Buy Exemplifies Bulgaria’s Cognitive Dissonance Vis-a-Vis Moscow

by Dan Darling, International Military Markets Analyst, Forecast International.

Bulgarian MiG-29s are slated for phase out.

Bulgarian MiG-29.

In an effort to resuscitate its dilapidated and obsolete fleet of MiG-29 Fulcrum combat aircraft, the Bulgarian Defense Ministry has reached out to an unnamed Russian company (likely RSK MiG) for the acquisition of up to 10 repaired fighter engines. Continue reading

The Effect of 2016’s Presidential Election on Worldwide Aerospace and Defense Markets Part 2/2

By Matthew Beres, Forecast International.

election-2016

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Topic suggestions are welcome.

This episode features Ray Jawarowski, Senior Aerospace Analyst, Dan Darling, Europe and Asia, Australia & Pacific Rim Analyst, Bill Ostrove, South America & Space Systems analyst, Derek Bisaccio, Middle East and Eurasia analyst, and Matthew Beres, Airborne Retrofit and Modernization analyst. Continue reading

With the U.S. Election in the Rear View, Is It Time to Worry in Eastern Europe?

by Dan Darling, International Military Markets Analyst, Forecast International.

US Flag

The U.S. election has been decided and, contrary to the overwhelming predictions by the establishment media and pollsters, Republican candidate Donald Trump will be the country’s next president.

The question for America’s European partners now becomes, what will happen to their relationship with the U.S. under a Trump administration?  Continue reading

The Effect of 2016’s Presidential Election on Worldwide Aerospace and Defense Markets Part 1/2

By Matthew Beres, Forecast International.

election-2016

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Topic suggestions are welcome. Continue reading