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.
Russian President Vladimir Putin (L) meets with Defense Minister Sergei Shoigu (R) in 2015. Source: Russian Ministry of Defense
The document detailing the new Russian State Armaments Program (SAP), covering the years 2018 to 2027, has been signed, according to Deputy Prime Minister Dmitri Rogozin, who spoke to Kommersant in an interview in late February. In this timeframe, Russia will spend over $300 billion on the procurement of new military hardware as part of an effort to equip its forces with modern systems. Continue reading →
Boeing and Embraer have confirmed that the two companies are engaged in discussions regarding a potential combination, the basis of which remains under discussion. While an outright acquisition is unlikely due to Brazilian government fears of outright foreign ownership, some form of joint venture is likely. Continue reading →
On November 3, 2017, Emirates celebrated the milestone delivery of its 100th A380 aircraft at a special ceremony with Airbus at the manufacturer’s delivery center in Hamburg. Photo Courtesy Airbus SAS
While the Airbus A380 is a fantastic aircraft for passengers to fly on and an engineering marvel, it is not a secret that the superjumbo has been a major financial disappointment for Airbus. Continue reading →
A day after meeting with President Trump at the White House, NATO head Jens Stoltenberg discussed the unique challenges of a time when the line between peace and war is increasingly unclear.
“Before, it was easy to distinguish whether it was war or peace,” the Secretary General stated, during a talk on Thursday, at George Washington University. Now “there is a much more blurred line between peace and war,” he said, observing that in past conflicts, war occurred in identifiable geographical areas, and within defined periods of time.
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 →
On the evening of Friday July 15, an event occurred in Turkey that during the four decades prior to the new millennium would have been considered de rigueur inside the country: a military-led coup d’etat. Only this time the effort failed, unlike previous such efforts (1960, 1971, 1980 and 1997), which proved successful. Continue reading →
U.S. Army 120mm M121 (Soltam K-6) Mortar in Action Source: DoD
Like its European counterpart, the international market for mortars remains generally static. As the large number of World War II-era weapons still in active service clearly demonstrates, the simple, robust mortar often outlasts several generations of owners and users. The wide availability of serviceable old mortars continues to hinder significant investment in new production. Continue reading →
As there is a growing desire to shift our dependence from fossil fuels to renewable energies, the construction of wind farms has become a priority for many countries, especially in Europe. The Netherlands in particular has undertaken the development of Gemini, a large offshore wind farm located off the coast of Groningen. With the recent installation of the 50th turbine, the Gemini project has passed an important milestone. Continue reading →
2015 was another record year for Arianespace, with the launch consortium posting revenues of EUR1.44 billion. During the year, the company signed orders for 33 launches worth EUR2.5 billion, which increased its order backlog to EUR5.3 billion.