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). …

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Russia to Demonstrate the T-14 Armata Tank at RAE 2015

By Derek Bisaccio, Forecast International. From September 9-12, Russia will host the 10th anniversary of its annual arms exhibition, called the Russia Arms Expo (RAE). The event, described on its …

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Spain Tops-Up Defense Budget as Legacy Program Costs Linger

by Dan Darling, International Military Markets Analyst,  Forecast International. Spain’s government signed off on an additional EUR856.6 million ($975+ million) in defense spending at a convening of the ruling cabinet …

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Austerity, Populism and Greek Defense

by Dan Darling, Forecast International These are interesting times for Europe – and in particular for Greece. While leaders of European Union member countries worry about the recidivist tendencies of …

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Oshkosh Deals with Declining Defense

By Richard Pettibone, Forecast International As economies slowly improve, Oshkosh’s commercial operations are showing signs of growth, while defense continues its slide. For the fiscal year ended September 30, 2014, …

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Bulgaria Announces $680 Million Army Modernization Program, but Will It Ever Come to Pass?

By Dan Darling, Forecast International Bulgaria plans to implement a BGN1 billion ($680 million) military modernization program aimed at decreasing the army’s dependence on Russian-legacy hardware. The program, announced by …

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