While the June 2016 Brexit vote may have been a setback for the ultimate European experiment, the results seemingly run counter to past European collaboration. Nowhere is this better illustrated than in the world of aerospace. The Eurofighter – perhaps the pinnacle of European aviation – is a testament to what the continent can do … together. Production of the aircraft is now winding down, and its ancillary, the Eurojet EJ200 gas turbine engine, is being affected. Continue reading
China has announced its latest military spending earmark for fiscal year 2017 with a topline figure of CNY1.044 trillion ($151 billion). This amounts to about 9.4 percent more in nominal spending than in 2016, when the official defense target budget was set at CNY954.4 billion ($144 billion). Continue reading
In a shock to pundits and pollsters, the U.S. political landscape took a dramatic shift with the election of businessman Donald Trump as president. Furthermore, the Republican Party managed to hold on to power in the Senate, albeit by the slimmest of margins, giving the GOP a monopoly on power in Washington. The election results portend a shift in U.S. national security policy, and growth for a defense budget that has been hindered for years by gridlock on the Hill.
On October 5, Blue Origin’s New Shepard rocket performed an in-flight test of the capsule’s full-envelope escape system, designed to quickly propel the crew capsule to safety if a problem is detected with the booster. The test flight represents the fifth launch of the booster and crew capsule. Both the booster and capsule were successfully reused after the first four launches. Continue reading
By Bill Ostrove, Space Systems and Military Markets Analyst, and Raymond Jaworowski, Senior Aerospace Analyst, Forecast International.
As the Farnborough International Air Show 2016 kicks off, an exciting week is expected. Boeing will celebrate its 100th anniversary, even as the aerospace giant battles its rival for dominance in the commercial airline market. As is typical at Farnborough, a number of much anticipated aircraft debuts will occur, including that of the F-35B, KC-390, and Boeing 737 MAX. Hanging over this year’s show will be questions about Brexit, which has left businesses to deal with increased uncertainty. Continue reading
The following is a list of the Top 200 U.S. Government Contractors in fiscal year 2015 ranked by the total amount of contract funds awarded. In FY2015, the U.S. Government awarded a total of $439.0 billion in contracts down 1.5 percent from $445.8 billion in FY2014. Of the $439 billion in total contract funds, $273.7 billion, almost 62 percent, were awarded by the Department of Defense (DoD).
By Matthew Beres and Richard Pettibone, Forecast International.
And now for something a little different. Welcome to Forecast International’s first podcast, dubbed the Forecast Roundtable. Each podcast will feature several analysts discussing various aerospace and defense-related issues. Continue reading
China plans to start launching commercial payloads on its Kuaizhou-11 launch vehicle in 2017. The Kuaizhou-11, which first launched in 2013, is a solid-fuel rocket developed by China Sanjiang Space Group (CSSG). It was originally developed as a quick-reaction launch vehicle that could carry lightweight payloads into low-Earth orbit (LEO) with short notice. Continue reading
The U.S. Air Force Program Executive Officer for Mobility has delayed issuance of the Request for Proposals (RFP) for the T-X advanced pilot training program by three months. The program office now expects the RFP to be released in late December 2016. The postponement follows completion of an internal review regarding the program’s remaining tasks, and is intended to ensure the release of a well-defined RFP. Continue reading
by Ed Nebinger, Forecast International.
Forecast International has just released its blockbuster report titled, “The U.S. Aerospace/Defense Industry in World Context, Current Status & Forecast 2016-2029.” Over 450 pages in length, the report provides an in-depth examination of the world’s Aerospace/Defense industry and the factors that will impact it over the next 15 years. Continue reading