2017 Was a Banner Year for the Launch Industry

by Bill Ostrove, Space Systems Analyst, Forecast International.

Forecast International has just released its 2017 launch vehicle year in review. The 12-page document provides a broad overview of the 90 launches conducted in 2017.

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Recapping Global Defense Spending for 2017, Eyeing Future Growth

by FI’s International Military Markets Group.

The first annual Global Defense Snapshot by Forecast International’s International Military Market (IMM) group indicates continued growth in the worldwide market following relatively flat investment over the course of the 2015-2016 periods. An increasingly multi-polar global security environment buffeted by healthy economies and ongoing military modernization cycles contributed to a 3.3 percent year-on-year rise in consolidated worldwide defense spending for 2017. Continue reading

Airbus, Boeing Report December and Full-Year 2017 Aircraft Orders and Deliveries

Boeing Wins by Deliveries as Airbus Takes Orders Crown in Wild Year-End Finish

by J. Kasper Oestergaard, European Correspondent.

A record order for 430 A320neo family jets announced at the Dubai Air Show in November 2017 – and firmed up after Christmas – helped Airbus win the orders race in 2017. Photo: Airbus SAS

Boeing and Airbus delivered a record 83 and 127 commercial jets in December 2017, respectively, compared to 67 and 111 during the same month last year. In all of 2017, Boeing delivered 763 jets (748 in 2016) in line with company expectations, while Airbus surpassed its delivery target of 700 jets by handing over 718 aircraft during 2017 (688 in 2016). Continue reading

Turkey’s Aselsan to Develop National Long-Range Defense System

by C. Zachary Hofer, Electronic Systems Analyst, Forecast International.

Aselsan’s short- to medium-range KALKAN air defense radar. Source – Aselsan

Aselsan, one of Turkey’s largest defense electronics companies, has formed a business partnership with Rocketsan and defense industry research development institute TUBITAK SAGE to develop a national long-range defense system for Turkey. The news was delivered on Tuesday, January 16 to Turkey’s Borsa Istanbul (BIST) stock exchange.  Aselsan said that under the agreement, its share of the contracts would be TRY869 million ($227 million) and EUR279.3 million ($342 million), and that deliveries would be completed in 2021. Continue reading

MTU Aero Engines Capitalizes on Production Boom, Looks to MRO Expansion

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

Work on the Engine Alliance (EA) GP7000. Source: MTU Aero Engines

Like a finely tuned machine, MTU Aero Engines continues to steadily motor on.  While the order boom in civil aviation has subsided from its record run, MTU Aero Engines has increased production not only to meet current demand, but also to provide for future maintenance, repair, and overhaul (MRO) opportunities. Continue reading

New Power for Cellular Towers

by Carter Palmer, Power Systems SpecialistForecast International.

MTG12 (12kW) Bladon Jets Microturbine

Can cellular towers be cheaper and greener? At Bladon Jets, the answer is a resounding yes. The microturbine, fast becoming a favorite among distributed power proponents, might just be the future. Continue reading

Another Tender, Another Failure as India Seeks to Reboot Its Minesweeper Project

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

Kangnam Minesweeper.  Source – Kangnam Corporation.

The Indian Navy’s pressing requirement for modern mine countermeasures vessels (MCMVs) continues to take a back seat to bureaucratic bungling, “Make in India” industrial offset requirements, and pushback from South Korean shipbuilder Kangnam. Continue reading

Triumph Group’s Restructuring Produces Early Results, and Cause for Optimism

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

Fuselage under construction at Triumph Aerospace Structures

Having expanded too fast in the recent past, Triumph Group is in the midst of rationalizing its operations in order to get back on track. Under CEO Dan Crowley, Triumph is following its “One Triumph” initiative that aims to transform the company into a more nimble and responsive supplier.

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