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.
The first annual Global Defense Snapshot by Forecast International’s International Military Market (IMM) group indicates continued growth in the worldwide market following relatively flat investment over the course of the 2015-2016 periods. An increasingly multi-polar global security environment buffeted by healthy economies and ongoing military modernization cycles contributed to a 3.3 percent year-on-year rise in consolidated worldwide defense spending for 2017. Continue reading →
Uzbek President Shavkat Mirziyoyev. Photo by Yolkin Shamsiddinov/uza.uz
Since the death last year of Uzbekistan President Islam Karimov, Uzbekistan has made headlines as its new president, Shavkat Mirziyoyev, seeks to reform much of the country by liberalizing the economy, improving the country’s human rights image, and smoothing relations with neighbors in Central Asia. While many observers of the country have been cautious about raising expectations of real reform, given structural constraints, Uzbekistan has released numerous prisoners, removed individuals from a “black list,” and signaled a willingness to end the practice of using forced labor in cotton production. President Mirziyoyev has made a point of engaging with neighboring countries, especially Kyrgyzstan, over disputed topics, such as border delineation and water usage. Continue reading →
As Bulgaria prepares to relaunch a tender seeking new combat aircraft to replace its Air Force’s small inventory of 1980s-vintage MiG-29 Fulcrum fighters, Defense Minister Krasimir Karakachanov has indicated via state-run radio that his ministry will be requesting an offer from Boeing for its F/A-18 Super Hornet jet fighter. Continue reading →
Kyrgyz President Almazbek Atambayev (L) meets with Russian President Vladimir Putin (R) in Sochi in September 2017 to discuss bilateral cooperation. Source: Russian presidency website
Russia and Kyrgyzstan are discussing the possible establishment of another Russian military base in Kyrgyzstan, amid a renewed Russian emphasis on the security environment in Central Asia. The Russian military currently operates a military air base at Kant, near the capital, Bishkek, and the two sides are considering a second that would be located in southern Kyrgyzstan. Continue reading →
Sweden’s Stridsfordon 90 CV9040. Source: Wikipedia
Sweden’s minority government and political opposition Alliance bloc have agreed to a new defense deal that will provide SEK8.1 billion ($1 billion) in additional funding for the country’s broad security needs over the upcoming three-year period through 2020. The agreement bolsters spending on the Swedish military (which will receive SEK6.8 billion – or $841 million – worth of the additional funding) and civil defense (SEK1.3 billion, or $160 million). Continue reading →
After years of talk with little to show for it, the governments of Europe are finally moving forward with long-held cooperative defense ambitions through the auspices of the European Union. The announcement by the EU on June 7 of a European Defense Industrial Program co-financed by members to the tune of EUR500-EUR590 million annually through 2020, thereafter growing to EUR1-EUR1.5 billion annually, marks the launch of an effort to bring commonality and unity to an otherwise fragmented market. Continue reading →
Swiss F/A-18 Hornet. Source: Defense Industry Daily
Switzerland’s long-term air-defense plans are beginning to come into view following the unveiling by the Swiss Department of Defense, Civil Protection and Sport (DDPS) of recommendations by an expert group charged with examining the country’s combat aircraft and air defense requirements. Continue reading →
A day after meeting with President Trump at the White House, NATO head Jens Stoltenberg discussed the unique challenges of a time when the line between peace and war is increasingly unclear.
“Before, it was easy to distinguish whether it was war or peace,” the Secretary General stated, during a talk on Thursday, at George Washington University. Now “there is a much more blurred line between peace and war,” he said, observing that in past conflicts, war occurred in identifiable geographical areas, and within defined periods of time.
On March 31, Polish Minister of Defense Antoni Macierewicz announced the submission of a revised request for information (RFI) to the U.S. government concerning the potential buy of eight Raytheon-produced Patriot air-and-missile defense batteries to fulfill the Wisla program requirement. Continue reading →