Forecast International Launches Improved U.S. Defense Budget Database

by Shaun McDougall, Military Markets AnalystForecast International.

Source: Forecast International’s U.S. Defense Budget Forecast

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

Boeing on a Roll; Both Civil and Military Markets Remain Strong

by Edward Nebinger, Forecast International.

Boeing’s KC-46 Pegasus tanker program will be a key revenue driver for the firm. Image: Boeing

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

Australia’s G550 AISREW Program Will Require a World’s Worth of Electronics, But So Far, None from Australia

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

Australia’s new AISREW platform based on the Gulfstream G550, will likely resemble this artist impression. (Image: Gulfstream)

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

Airbus, Boeing Report June 2017 Commercial Aircraft Orders and Deliveries

Boeing Launches 737 MAX 10 – Wins Orders Race at Paris Air Show

by J. Kasper Oestergaard, European Correspondent.

On May 16, 2017, Boeing delivered its newest narrowbody jet, the 737 MAX 8, to Malaysia-based Malindo Air (Batik Air Malaysia), which will be the first customer to put the MAX into commercial service. Photo Courtesy The Boeing Co

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

LEAP Ready to Jump Ahead of CFM56

by Carter Palmer, Power Systems Specialist, Forecast International.

LEAP-1B Engine. Source: CFM International

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

Airborne Retrofit & Modernization Highlights – 7/3/17 Edition

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

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

Aviation Industry Makes Good Showing at Paris 2017

by Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

A Boeing 737 MAX in Malindo Air Livery
Photo Courtesy The Boeing Company

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

Forecast International Predicts $4.15 Trillion Large Jetliner Market Over 15 Years

by Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Boeing and China Aircraft Leasing Group (CALC) announced an order for 50 737 MAX airplanes at the 2017 Paris Air Show. Source: Boeing

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

Three New Embraer Aircraft to Make Paris Air Show Debut

KC-390 Take Off. Source: Embraer

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

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

New Diesel-Powered Cessna 172 Skyhawk Certified by EASA and FAA

By Douglas Royce, Senior Aerospace Analyst, Forecast International.

Turbo Skyhawk JT-A. Source: Cessna

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