Leonardo Launches New Growth Plan

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

Leonardo and its U.S. subsidiary DRS Technologies are offering the T-100, a variant of the M-346 Master, for the USAF T-X trainer program. (Photo: Leonardo)

Following a difficult year into the company’s rebranding, Leonardo’s management has launched another industrial plan, dubbed Leonardo 2.0, that aims to achieve double-digit profitability over the next five years, tighten project cost control, and invest some EUR500 million ($624 million) in core technologies. This move follows lackluster results for 2017, which saw sales drop 4 percent – from EUR12.0 billion in 2016 to EUR11.5 billion in 2017. The company reported net income of EUR274 million for the year, compared to EUR507 million for 2016. Continue reading

Forecast Roundtable – The Global Defense Spending Environment: A Look Back, a Look Forward, Part 4

By Matthew Beres and Dan Darling, Forecast International.

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets.

Continue reading

Forecast Roundtable – The Global Defense Spending Environment: A Look Back, a Look Forward, Part 3

 By Matthew Beres and Dan Darling, Forecast International.

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Continue reading

Turkmenistan’s President Snubs Central Asian Summit

by Derek Bisaccio, International Military Markets Analyst, Forecast International.

Turkmen President Gurbanguly Berdimuhamedov at the 2014 Caspian Summit. Photo from Russian Presidency website.

On March 15, 2018, four Central Asian leaders met at an important summit in Astana, the capital of Kazakhstan, to discuss regional issues ranging from economic to environmental to security concerns. The summit featured the presidents of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan, and marked a significant moment for the region, as Uzbekistan, after years of strained relations, has worked under the leadership of President Shavkat Mirziyoyev to improve his country’s ties with the other Central Asian states. Continue reading

Raytheon to Improve B-2 Antennas Under $40 Million Contract Mod

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

B-2 Spirit

Raytheon was recently awarded a $39.9 million contract modification to produce an additional two B-2 antenna tool aids. This brings Raytheon’s antenna supplemental contract up to $113.7 million in value.  A similar contract, for $23.4 million, was awarded to Raytheon in September 2017. Continue reading

Unmanned Teaming in the Airborne Retrofit and Modernization Market

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

General Atomics MQ-9 Reaper. Image: USAF Photographic Archives

George Mason University was recently awarded a $25.5 million contract for the Mobile Unmanned/Manned Distributed Lethality Airborne Network (MUDLAN). Under the contract, airborne high-bandwidth, multibeam common datalink, autonomous connectivity will be demonstrated between tactical datalinks and swarming unmanned aircraft systems and small unmanned aircraft systems. Continue reading

Major Electronics Upgrades a Key Part of the Netherlands’ AH-64D to AH-64E Remanufacture

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

APG-78 Longbow Radar Sits Atop AH-64 Apache. Photo: Northrop Grumman

The Netherlands has received approval from the U.S. State Department for the upgrade and remanufacture of its AH-64D Block II Apache attack helicopters to the AH-64E configuration. While the contract would largely entail work on the helicopter itself, it would also include the replacement of many of the helicopters’ primary electronics systems. The overall deal carries an estimated value of $1.191 billion. Continue reading

U.S. Cyber Command Broadens Its Missions

By Richard Sterk, Defense Electronics Analyst, Forecast International.

The U.S. Cyber Command’s (USCYBERCOM) mission is to deter or defeat strategic threats to U.S. interests and infrastructure, provide mission assurance for the operations and defense of the Department of Defense information environment, and support the achievement of Joint Force Commander objectives.

USCYBERCOM, in conjunction with the Services and Defense Agencies, is working to develop and expand infrastructure architectures and capabilities/tools to support Cyber Mission Forces (CMF). Continue reading

Forecast Roundtable – The Global Defense Spending Environment: A Look Back, a Look Forward, Part 2

By Matthew Beres and Dan Darling, Forecast International.

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets.

This episode features Dan Darling, International Military Markets analyst, and Matthew Beres, Airborne Retrofit and Modernization analyst, as they discuss the global defense spending environment. Continue reading

Russian President Signs New State Armaments Program

by Derek Bisaccio, International Military Markets Analyst, Forecast International.

Russian President Vladimir Putin (L) meets with Defense Minister Sergei Shoigu (R) in 2015.  Source: Russian Ministry of Defense

The document detailing the new Russian State Armaments Program (SAP), covering the years 2018 to 2027, has been signed, according to Deputy Prime Minister Dmitri Rogozin, who spoke to Kommersant in an interview in late February. In this timeframe, Russia will spend over $300 billion on the procurement of new military hardware as part of an effort to equip its forces with modern systems. Continue reading