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
Boeing Launches 737 MAX 10 – Wins Orders Race at Paris Air Show
by J. Kasper Oestergaard, European Correspondent.
Boeing and Airbus delivered 75 and 64 commercial jets in June 2017, respectively, compared to 74 and 64 during the same month last year. This year to date, Boeing has delivered 352 jets (375 by this time last year), while Airbus has delivered 306 (298 in 2016). 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). Continue reading
The completion of the biennial Paris Air Show marks a time when orders are tallied and success is measured. The battle for orders between Airbus and Boeing is not new; however, with each airframe sold, suppliers also reap the rewards, particularly engine manufacturers. 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
The 2017 International Paris Air Show produced a fairly impressive number of sales announcements, though the pace was down a bit from recent Paris shows. Orders and other commitments for commercial airliners (including regional jets and turboprops) announced at the show totaled just over 1,000 aircraft. In terms of sales, this put the 2017 show somewhat behind the 2015 Paris show and well behind the 2013 Paris show, but ahead of the 2016 Farnborough show. Continue reading
According to projections from Forecast International’s Platinum Forecast System® 3.1, a total of 26,210 large commercial jetliners will be produced in the 15-year period from 2017 through 2031. The value of this production is estimated at $4.15 trillion in constant 2017 U.S. dollars. 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
The European Aviation Safety Agency (EASA) and the U.S. Federal Aviation Administration (FAA) have certified a new version of the Cessna 172 Skyhawk powered by a diesel engine, the Turbo Skyhawk JT-A. Deliveries to customers in Europe and the U.S. will begin soon. Continue reading