China’s Long March toward Global Naval Presence Symbolized in New Carrier

by Dan Darling, International Military Markets Analyst, Forecast International.

Chinese Carrier Liaoning. PLAN Photo.

With the April 26 launch of its first indigenous aircraft carrier, China has signaled its resolve to build a first-rate navy with a global reach.  China’s long-term goal of building a blue-water navy capable of extending its maritime presence beyond its immediate region continues to bear fruit. That process took a step forward with the launching in the northeastern port city of Dalian of the locally built ship.    Continue reading

China Unveils 2017 Defense Budget Target

by Dan Darling, International Military Markets Analyst, Forecast International.

China has announced its latest military spending earmark for fiscal year 2017 with a topline figure of CNY1.044 trillion ($151 billion). This amounts to about 9.4 percent more in nominal spending than in 2016, when the official defense target budget was set at CNY954.4 billion ($144 billion). Continue reading

Taiwanese Navy Pushes the Throttle on Indigenous Shipbuilding with LHD Plan

by Dan Darling, International Military Markets Analyst, Forecast International.

Computer drawing of LHD amphibious warfare ship based on Juan Carlos class.

The Taiwanese Navy has revealed its plans for a proposed helicopter-carrying, amphibious landing helicopter dock (LHD) warship that aligns with the indigenous defense industry buildup approach being pursued by the administration of President Tsai Ing-wen. Continue reading

AVIC Leads China’s Drive to Become an Aerospace Powerhouse

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

China's Comac rolled-out its new C919 airliner on November 2. [Photo: Comac]

China’s Comac rolled-out its new C919 airliner on November 2. [Photo: Comac]

As China continues to refine its aviation dreams, Aviation Industry Corporation of China (AVIC) remains at the forefront.  The company leads that nation’s drive to become a major aerospace power. As such, it has been subject to numerous changes throughout the years.  Most recently, the government has borrowed a page from Western corporate practices and begun to focus the firm on its core operations in airframe manufacturing. Continue reading

Malaysia Plans to Buy Ships from China as Beijing Courts Southeast Asia

by Dan Darling, International Military Markets Analyst, Forecast International.

By 樱井千一 - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=26092295

Type 056 (Jiangdao class) corvette.  Source: 樱井千一 – Own work, CC BY-SA 3.0

Marking a new step in military cooperation between China and Malaysia, Malaysia’s Prime Minister Najib Razak has announced that his country will be purchasing “at least” four naval ships from China tailored for missions in littoral waters. Continue reading

Business Jet Market to Resume Positive Growth Trend

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Cessna Longitude.

Cessna Longitude.

Although business jet production is unlikely to match the skyrocketing output seen in the mid-2000s any time soon, Forecast International’s Platinum Forecast System® shows that a total of 13,252 business jets will be produced during the 15-year period from 2016 through 2030.  The value of this production is estimated at a staggering $360 billion in FY16 U.S. dollars. Continue reading

COMAC Slowly Ramps Up ARJ21 Production

by Douglas Royce, Senior Aerospace Analyst, Forecast International.

COMAC's ARJ21. Source: COMAC

COMAC’s ARJ21.   Source: COMAC

COMAC’s ARJ21-700 program delivered its second aircraft to launch customer Chengdu Airlines in October 2016. The company delivered the airline’s first aircraft in November 2015, but it did not enter service until the following June. A slow ramp-up in production will follow as COMAC works with operators to resolve problems that are bound to crop up after an aircraft enters service. Continue reading

Popularity of PGMs Continues to Rise

by Larry Dickerson, Missile Systems Analyst, Forecast International.

Storm Shadow cruise missile. Source: MBDA

Storm Shadow cruise missile. Source: MBDA

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

Forecast Roundtable – Indian Defense Environment, Part 2

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Welcome to the Forecast Roundtable podcast. Each podcast features several analysts discussing various aerospace and defense-related issues.

This week’s podcast continues the discussion between Huma Siddiqui Senior Correspondent for New Delhi’s Financial Express and Dan Darling Europe/Asia Military Markets Analyst for Forecast International discussing India’s defense environment. Continue reading

Forecast Roundtable – Indian Defense Environment, Part 1

2podcast logo

Welcome to the Forecast Roundtable podcast. Each podcast features several analysts discussing various aerospace and defense-related issues.

This week’s podcast features Huma Siddiqui Senior Correspondent for New Delhi’s Financial Express and Dan Darling Europe/Asia Military Markets Analyst for Forecast International discussing India’s defense environment. Continue reading