Lockheed Martin’s LRDR Selected for Japanese AEGIS Ashore Ballistic Missile Defense Sites

by C. Zachary Hofer, Electronic Systems Analyst, Forecast International.

Aegis Ashore installation. Source: Lockheed Martin

On July 30, the Japanese Ministry of Defense announced that it had decided to procure Lockheed Martin’s radar over rival Raytheon’s to equip two AEGIS Ashore installations. AEGIS Ashore is a U.S. military technology for land-based ballistic missile defense and early warning derived from a long-standing naval AEGIS program. Continue reading

Thales Gains Back Market Share with New Radio Contract

by Greg Giaquinto, Electronic Systems Analyst, Forecast International.

Thales AN/PRC-14 8 C
IMBITR radio. Source: Thales

Thales has been awarded a $37 million contract from the U.S. Army to equip the new rapidly deployable security force assistance brigades (SFABs) with the PRC-148C Improved Multiband Inter-Intra Team Radio (IMBITR), establishing it as the first dual-channel, certified networking radio to enhance communications at the tactical edge, providing interoperability for joint and coalition forces. Continue reading

Joint Tactical Networking Center: Making Software Radios Interoperable, Secure, and Affordable

by Greg Giaquinto, Electronic Systems Analyst, Forecast International.

The Joint Tactical Networking Center (JTNC) was created following the cancellation of the Joint Tactical Radio System (JTRS) program.  The U.S. Department of Defense needed an entity to store the software communications waveforms developed under the JTRS program, and consequently established the JTNC. Continue reading

Congress Releases FY19 Defense Policy Bill

by Shaun McDougall, Military Markets AnalystForecast International.

USS John C. Stennis (CVN 74) and USS Ronald Reagan (CVN 76) conduct strike group operations.
Source: U.S. Navy

U.S. House and Senate lawmakers completed the conference markup of the FY19 defense authorization bill on July 23.  The defense policy bill adheres to the spending levels agreed upon in the bipartisan budget act, providing a defense base budget of $639.1 billion.  That figure comprises $616.9 billion in discretionary funding for the Department of Defense, $21.9 billion for nuclear programs in the Department of Energy, and around $300 million for defense-related activities outside the DoD.  Another $69 billion is provided for Overseas Contingency Operations, for a total of $708.1 billion in discretionary defense spending.  When including $8.9 billion in mandatory spending, the FY19 topline authorized in the legislation totals $717 billion.  The separate congressional appropriations process will finalize how much money the military actually has available to spend in FY19.

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The U.S. Defense Budget: Balancing Need Against Cost

by Greg Giaquinto, Electronic Systems Analyst, Forecast International.

According to The Guardian, President Donald Trump’s call for a major boost in U.S. military spending has been met with an uproar from opponents warning that such a policy would waste millions of taxpayer dollars.  To lend perspective on the issue, in fiscal year 2015, military spending in the United States accounted for 54 percent of all federal discretionary spending, according to the Institute for Policy Studies.  Right now the U.S. military has the ability to fight just under two world wars simultaneously.  The International Institute for Strategic Studies says the U.S. accounts for more than a third of the world’s military spending. Continue reading

Top 100 Federal Contractors FY2017

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

F-35B & F-35C in formation. Photo: Lockheed Martin

The General Services Administration’s U.S. Federal Procurement Data System – Next Generation released its annual Top 100 Federal Contractors report – Fiscal Year 2017.  The top 100 federal contractors accounted for $283 billion of the obligated dollars, up 8 percent compared to $262 billion in FY16. Lockheed Martin remains the dominant contractor with $50.7 billion (almost 10% of the obligated total), followed by Boeing with $23.4 billion (4.6% of the obligated total). Continue reading

Philippines Government Clears Ambitious Phase 2 Armed Forces Modernization Plan

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

The Philippines Department of National Defense (DoND) confirmed on June 20 that the second phase of the most recent 15-year, three-phase Armed Forces of the Philippines (AFP) Modernization Act has received approval from President Rodrigo Duterte. Continue reading

Historic Summit Has Major Implications for U.S. Military

by Shaun McDougall, Military Markets AnalystForecast International.

Source: AP Photo/Evan Vucci

The historic meeting between U.S. President Donald Trump and North Korean leader Kim
Jong-un in Singapore resulted in the signing of a joint statement that carries significant implications for relations between the two countries, and for U.S. military relations in the region.  The statement is big on ambition but short on details.  Most significantly, Kim “reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula,” the statement reads.  The two leaders also committed to establishing new diplomatic relations, while Trump committed to providing security guarantees to North Korea.        Continue reading

Hanwha Restructures Aerospace and Defense Ops to Improve Its Prospects

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

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

Merkel’s Comments Bring Germany’s Defense Budget Clash Under the Microscope

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

Following the move by U.S. President Donald Trump on May 8 to declare that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA) Iran nuclear deal, German Chancellor Angela Merkel stated – for the second time in a year – that Europe can no longer count on the United States for its protection.  Continue reading