Accelerating the SmallSat Propulsion Market: Interview with Accion Systems CEO Natalya Bailey

by Bill Ostrove, Space Systems Analyst, Forecast International.

The ion Electrospray Propulsion System (iEPS) for CubeSats is shown here next to a US quarter for scale

Accion Systems is developing an electric propulsion system for small satellites. As the number of small satellites built and launched increases each year, Accion sees a growing opportunity for propulsion systems to guide those spacecraft once they reach orbit around Earth.

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Launch Vehicle Flexibility Increasingly Important

by Bill Ostrove, Space Systems Analyst, Forecast International.

Proton launching ExoMars. Source: : ESA–Stephane Corvaja, 2016

International Launch Services (ILS) recently announced that it will introduce a new Proton launch vehicle variant with a larger payload fairing – a clear sign that flexibility is now a key differentiator in the launch vehicle market.[i] Continue reading

International Air Forces Relying on F-5 Fleets to Maintain Battle Readiness

by Matthew Beres, Airborne Retrofit & Modernization Analyst, Forecast International.

Iranian F-5 Saeqeh. Source – Shahram Sharifi

The past year has seen a significant surge worldwide to upgrade legacy fighters. Despite a rapidly aging worldwide fleet with an average of more than 50 years in service, international F-5 fleets are no exception. Even aircraft with more than 40 years of service are receiving upgrades. The 575 aircraft with an on average of between 30-40 years of service, therefore, may provide ample opportunities for retrofit programs. We’ve highlighted two such programs in this article. Continue reading

Top Eight Countries Dominate Defense Spending in Latin America

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Defense spending in Latin America will remain strong between 2017 and 2021. While allocations will not be as high as in other regions, economies are expected to slowly improve after years of commodity price declines, giving governments more resources for defense. At the same time, governments will continue to battle violent gangs and illegal trafficking. Continue reading

China Unveils 2017 Defense Budget Target

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

China has announced its latest military spending earmark for fiscal year 2017 with a topline figure of CNY1.044 trillion ($151 billion). This amounts to about 9.4 percent more in nominal spending than in 2016, when the official defense target budget was set at CNY954.4 billion ($144 billion). Continue reading

Ex-Alenia Boss Looks to Aero Vodochody Trainer Resurgence

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

L-39NG two seat trainer. Source: http://www.l-39ng.cz

With new management at the helm, Aero Vodochody is looking back to its future.  Under the guidance of new CEO Giuseppe Giordo, formerly of Leonardo (née Alenia Aermacchi), Aero Vodochody is looking to revitalize its training aircraft operations. Continue reading

Taiwanese Navy Pushes the Throttle on Indigenous Shipbuilding with LHD Plan

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

Computer drawing of LHD amphibious warfare ship based on Juan Carlos class.

The Taiwanese Navy has revealed its plans for a proposed helicopter-carrying, amphibious landing helicopter dock (LHD) warship that aligns with the indigenous defense industry buildup approach being pursued by the administration of President Tsai Ing-wen. Continue reading

Airbus’ Order Drought Continues as Boeing Rolls Out 787-10 Dreamliner

Airbus, Boeing Report February 2017 Commercial Aircraft Orders and Deliveries

by J. Kasper Oestergaard, European Correspondent.

On February 17, 2017, Boeing rolled out the 787-10, the third member of the 787 Dreamliner family, at Boeing South Carolina in North Charleston. President Donald Trump and South Carolina Governor Henry McMaster were present, along with Boeing CEO and Chairman Dennis Muilenburg and thousands of Boeing employees.  Photo: The Boeing Company

Boeing and Airbus delivered 51 and 49 commercial jets in February 2017, respectively, compared to 56 and 46 during the same month last year. In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015).

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Western Sanctions Impact Russian Frigate Sale to India

by Derek Bisaccio, Military Markets Analyst, Forecast International.

Russian Frigate Admiral Grigorovich. Source: Russian Ministry of Defense

Russia is moving forward with export plans for two of its Admiral Grigorovich class frigates (Project 11356M). Under an agreement inked last year, Moscow will export the Admiral Butakov and Admiral Istomin  to India, and assist India in producing two more locally. While both sides seem to be working on implementing the contract, Western sanctions have created complications. Continue reading

Higher Defense Budgets Likely to Give Medium/Heavy Military Rotorcraft Market a Lift

by Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

V-280 Concept for Future Vertical Lift (FVL). Source: Bell Helicopter

Forecast International’s Platinum Forecast System 3.1 indicates that a total of 6,175  medium/heavy military rotorcraft will be produced during the 15-year period from 2017 through 2031.  The value of this production is estimated at $158.4 billion (in FY17 dollars).  We define a medium/heavy military rotorcraft as one having a gross weight of at least 6,804 kilograms (15,000 lb). Continue reading