Strong Forecast for New-Build Submarines Drives Sales of Advanced Periscope System

by Andrew Dardine, Electronic Systems Analyst, Forecast International.

Virginia class, North Carolina (SSN 777)

The U.S. Navy has recently awarded $20 million in contracts to L3 KEO for production and support of non-penetrating periscopes (NPPs).  Work on the first NPPs will be performed in Bologna, Italy and Northampton, Massachusetts, and is expected to be completed by April 2020. Continue reading

Microturbines: Back to Normalcy?

by Carter Palmer, Power Systems SpecialistForecast International.

Electricity has long been produced by large plants that distribute power over vast distances. But a small but significant trend has emerged whereby end-users are looking at other, smaller options.  Distributed generation is a phenomenon that promises better, more tailored energy solutions. Both renewable and fossil technologies are being utilized by a growing number of customers looking for cost savings and reliability. The microturbine is one technology that will have a stable future in the distributed generation market. Continue reading

Boeing Increases Production and Insourcing Efforts as Backlog Rises

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

Boeing 737 MAX 7 First Flight. Source: Boeing

The market for large commercial transports continues to rise following a brief downtick in 2015-2016.  At the 2018 Farnborough Airshow, both Airbus and Boeing generated an impressive number of orders and commitments. All told, the over 1,400 aircraft orders placed was the biggest total since 2013, with Airbus garnering 431 orders and Boeing “winning” the show with 676. Continue reading