The British Ministry of Defence has launched exclusive negotiations with Boeing regarding a potential buy of Wedgetail E-7 airborne early warning and control (AEW&C) aircraft.
Defence Secretary Gavin Williamson confirmed on October 2 that discussions with the U.S. manufacturer are underway, though exactly how many aircraft and at what cost are still yet to be outlined. Continue reading →
K9 Thunder self-propelled howitzer. Source: Hanwha Land Systems
With a number of aerospace- and defense-related acquisitions now in its portfolio, Hanwha has begun restructuring itself to better serve these markets. This latest effort marks the company’s return to its defense-related roots, echoing its formation during the Korean War as a gunpowder producer. 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 →
CR929 model. Source: COMACCOMAC, and its former parent, AVIC, have worked hand in glove on two of China’s premier aircraft programs, the C919 narrowbody airliner and the ARJ21 regional jet. More recently, COMAC partnered with Russia’s United Aircraft Corporation (UAC) on a new airliner, the CR929. 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 →
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. Topic suggestions are welcome.
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. Topic suggestions are welcome. Continue reading →
From Bleriot’s cross-channel flight to the Concorde’s cross-Atlantic dash, the French have long been at the forefront of aviation. Indeed, the Montgolfier brothers were the first to fly into the heavens as early as 1783. But, then again, the Concorde was not wholly a French product. And, that raises an interesting question: Do the French still have this penchant for flying or have the realities of modern aircraft development left them behind? Continue reading →
By Bill Ostrove, Space Systems and Military Markets Analyst, and Raymond Jaworowski, Senior Aerospace Analyst, Forecast International.
Red Arrows at Farnborough. Source: Pixabay
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 →