While new aircraft orders have slowed lately, the production of commercial aircraft is exceptionally vibrant. Airbus and Boeing are maintaining tremendous backlogs, and both manufacturers are ramping up production of their new fuel-efficient aircraft designs. This robust market is one that UTC Aerospace Systems is especially well positioned to capture. The combined entity offers a vast amount of product content – one-stop shopping – for commercial aircraft primes. The combination should also offer economies of scale, making product costs lower and even more attractive. Continue reading
Despite drawing equal amounts of praise and ire, the F-35 program is in a continual process of progressing as the airframe surpasses 100,000 hours of flight time. An expensive piece of kit, the aircraft has conjured up arguments as to whether it is suitable in today’s military environment and if the price is commensurate with performance. Any aviation forum site chosen is rife with F-35 discussions; however, one aspect that seems to get less attention is the F135 turbofan engine that powers the fighter. Continue reading
Between 2012 and 2016, global militaries took delivery of 203 satellites. Deliveries reached a peak in 2013 with the launch of 55 satellites. Launches declined to a low point in 2016, when only 26 satellites were delivered into orbit. Going forward, Forecast International expects yearly satellite deliveries to continue between those two endpoints. Continue reading
Taiwan’s ruling cabinet announced on August 17 that it has approved a fiscal year 2018 budget proposal that favors the Ministry of National Defense over all other government departments.
The FY18 budget calls for an allocation of TWD331.8 billion ($10.95 billion) toward defense, which would make this area the largest of all government expenditures at 16.7 percent of the total national budget. Continue reading
U.S. manufacturers delivered 363 aircraft in Q2 2017 – up 8 units, or 2.3%, from Q2 2016
by J. Kasper Oestergaard, European Correspondent.
According to the General Aviation Manufacturers Association (GAMA), the second quarter of 2017 showed mixed results for the industry, but with several bright spots. Fixed-wing general aviation aircraft manufacturers delivered 561 aircraft worldwide in Q2 2017, up 2.6 percent from 547 in Q2 2016. At the same time, however, revenues declined 1.2 percent, to $5.3 billion, driven by lower revenues at Gulfstream and Bombardier. Continue reading
Ten sailors are missing and five were injured after DDG-56 USS John S. McCain was involved in a collision with the Alnic MC, a 600-foot oil tanker. The collision took place off Singapore about 5.24 a.m. local time on August 21. Five sailors were injured in the collision, and 10 are missing. The McCain suffered “significant damage to the hull” after a hole was torn in the warship beneath the waterline. It led to flooding of crew accommodation and a communications rooms and, most critically, caused flooding in a shaft tunnel.
Sweden’s minority government and political opposition Alliance bloc have agreed to a new defense deal that will provide SEK8.1 billion ($1 billion) in additional funding for the country’s broad security needs over the upcoming three-year period through 2020. The agreement bolsters spending on the Swedish military (which will receive SEK6.8 billion – or $841 million – worth of the additional funding) and civil defense (SEK1.3 billion, or $160 million). Continue reading
Turkmen President Gurbanguly Berdimuhamedov steps out of a truck and, after posing for pictures, takes aim at several targets, first with a rifle, then a handgun, and lastly throwing knives. He then calls in helicopter strikes during the military exercise. The video, which first aired on Turkmen State TV, gained prominence after the Chronicles of Turkmenistan, a dissident website, satirized the original by editing in clips of Arnold Schwarzenegger in Commando, a 1985 movie. Continue reading
This blog post briefly highlights recent Airborne Retrofit & Modernization news. The Retrofit and Modernization market forecast provides comprehensive coverage of major airframe, propulsion, electronics, and armament programs for military, commercial, and civil aircraft markets. These programs are broken down into their major component categories, including a detailed quantitative data set, buttressed by greater qualitative economic updates and analyses. 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. Continue reading
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