by Bill Ostrove, Space Systems Analyst, and Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.
Antares launch. Source: NASA/Bill Ingalls
Behind all the sound and fury surrounding the recent UTC/Rockwell deal, Northrop Grumman quietly moved in earlier this week and scooped up rocket and missile maker Orbital ATK in a deal valued at $9.2 billion. Under the agreement Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval. Continue reading →
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 →
Over the past few years, Hanwha of South Korea has transformed itself into a major defense firm. Founded during the Korean War as a gunpowder producer, the company has returned to its defense-related roots with a series of acquisitions. 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 →
Despite some recent management troubles, Denel remains stable. The company plays a key role in the self-sufficiency of South Africa’s defense industry, and the government will continue to support the firm with work. That said, government work has been declining of late due to tight budgets, forcing Denel to adapt. Continue reading →
GMD FTG-05 takes off in 2008 prior to a successful intercept test. Source: Missile Defense Agency
At an April 7th launch of a new report entitled, “Missile Defense 2020: Next Steps for Defending the Homeland,”[i] lead author Thomas Karako, of the Center for Strategic and International Studies, offered four types of development likely to protect the U.S. homeland most effectively in the near term. Continue reading →
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 →
In its recently updated “The Market for Strike Missiles” analysis, Forecast International notes the steadily increasing use of precision-guided munitions in military operations. During Operation Desert Storm, PGMs made up only 10 percent of the total air-launched weapons used. The figure increased to 31 percent after the United States launched Operation Iraqi Freedom (2003). The use of PGMs reached a pinnacle during NATO’s air campaign over Libya in 2011: 100 percent of the munitions expended were precision guided. Continue reading →
General Atomics Aeronautical Systems MQ-9 Guardian maritime with sonobuoy capability.
The SSQ-955 HIDAR, produced by Ultra Electronics, first made inroads into the sonobuoy market through its ability to combat the ambient noise levels of coastal waters. This feature made it an attractive item for littoral conflicts. Also, the SSQ-955’s several adaptable variants and low to average cost are features that could motivate budget-conscious defense departments to procure the system and award replenishment contracts. Continue reading →