The U.S. Air Force is finally getting a new helicopter to replace its aging UH-1N Huey fleet. The venerable Huey will be replaced by the MH-139, a militarized version of the AW139, being built by a team of Boeing and Leonardo. The UH-1Ns primarily provide ballistic missile base security but also perform VIP transport and search-and-rescue operations. Continue reading
by Ray Peterson, Forecast International.
Over the past year the Internet has become flooded with dozens of so-called information providers with URLs that are slightly different but when opened the sites appear suspiciously as if they are related. Many of these tout single reports that are PDFs with 100 or so pages, but are priced in excess of $5,000, with prices then advancing to as high as $8,000 – $10,000 for Unlimited Access, typically termed Corporate or Library access. We even noted one that promised delivery in 20 days, a clue that the report would be generated only after one had been sold. Continue reading
According to The Guardian, President Donald Trump’s call for a major boost in U.S. military spending has been met with an uproar from opponents warning that such a policy would waste millions of taxpayer dollars. To lend perspective on the issue, in fiscal year 2015, military spending in the United States accounted for 54 percent of all federal discretionary spending, according to the Institute for Policy Studies. Right now the U.S. military has the ability to fight just under two world wars simultaneously. The International Institute for Strategic Studies says the U.S. accounts for more than a third of the world’s military spending. Continue reading
Data from Forecast International’s Platinum Forecast System 4.0 indicate that 29,407 large commercial jet transports will be produced in the 15-year period from 2018 through 2032. The value of this production is estimated at $4.73 trillion in constant 2018 U.S. dollars. Continue reading
Airbus rebadged the Bombardier CSeries jet as the Airbus A220 after taking control of the program on July 1 under a new joint venture between the two manufacturers. The two new models in Airbus’ lineup, the A220-100 and A220-300, were formerly known as the CS100 and CS300, respectively. Continue reading
On June 12, the U.S. State Department approved a Foreign Military Sale to India of six AH-64E Apache attack helicopters. The contract carries a potential value of $930 million. The contract also covers a host of specialized mission electronics, including the APG-78 Longbow fire control radar and M-TADS/PNVS electro-optical system. Continue reading
Boeing has recently been awarded a $219.6 million delivery order for the design, development, test and integration of the conformal fuel tank in support of the F/A-18. Work will be performed in various locations, and is expected to be completed in July 2022. Continue reading
Thanks to nimble management, Honeywell has maintained a well-diversified portfolio that enables it to mitigate risks, and it has not shied away from refining its operations, acquiring some businesses and divesting others. Continue reading
by J. Kasper Oestergaard, European Correspondent, Forecast International.
On Friday, February 9, the European Aviation Safety Agency (EASA) issued an Emergency Airworthiness Directive warning operators of a potential dual-engine in-flight shutdown on A320neo family jets powered by Pratt & Whitney’s PW1100G geared turbofan engine. Such a directive is issued when an unsafe condition exists that requires immediate action by an aircraft’s owner or operator. Continue reading