Emirates Takes Delivery of Its 100th A380 – What Is in Store for the Superjumbo in the Future?

by J. Kasper Oestergaard, European Correspondent.

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

Line Now Blurred Between Peace And War, Says NATO Secretary General On Visit To U.S.

Pamela Hurt, Forecast International.

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.

That clarity is now often absent.

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

The Turkish Military Coup That Wasn’t

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

turkish_flag-wallpaper-960x600

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

Non-European Mortar Market: Taking European Designs In A Different Direction

by Dean Lockwood, Military Vehicles & Ordnance Analyst, Forecast International.

U.S. Army 120mm M121 (Soltam K-6) Mortar in Action Source: DoD

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

Gemini Wind Farm Reflects European Trend Toward Renewable Energy

by Carter Palmer, Power Systems Specialist, Forecast International.

Offshore Wind Farm

Offshore Wind Farm

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

Arianespace Boasts Another Record Year, and Looks Set for 11 Launches in 2016

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

Ariane 6

Ariane 6

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.

Continue reading

Is Europe Reviving Defense as a Policy Priority? It Depends Upon Geography

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

European_flag_in_Karlskrona_2011

European Flag. Photo credit: Wikipedia, MPD01605

As the crisis in Ukraine unfolded in 2014, risk perceptions stirred across the European continent. Defense policy reassessments and heightened security footing skewed depending on geography, but across Europe in general there was a sense of renewed threat emanating from Russia. Continue reading

Finmeccanica Becomes ‘One Company’ with Assimilation of Legacy Firms

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

AgustaWestland Lynx Wildcat. Source - U.K. Ministry of Defence

AgustaWestland, now Finmeccanica-Helicopters, Lynx Wildcat.  Source – U.K. Ministry of Defence

Under Finmeccanica’s latest “One Company” restructuring effort (effective January 1, 2016), the firm is now focused on the helicopters; aeronautics; space; and catchall electronics, defense, and security systems sectors.  The company serves these sectors through seven divisions formed from the legacy companies of AgustaWestland, Alenia Aermacchi, Selex ES, Oto Melara, and WASS. Previously, the headquarters of Finmeccanica acted as more of a holding company for the aforementioned operating brands. The aim of the restructuring effort is to cut costs by removing areas of duplication in areas such as R&D and to divest unprofitable activities across the board. Continue reading

Prioritization of Defense in Europe Depends upon Geography

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

European_flag_in_Karlskrona_2011As the crisis in Ukraine unfolded in 2014, risk perceptions stirred across the European continent. Defense policy reassessments skewed depending on geography, but across Europe, there was a sense of renewed threat emanating from Russia.

Continue reading