New Industrial & Marine Turbine Market Research Tool Available

by Stuart Slade, Senior Naval & Marine Power Systems Analyst, Forecast International.

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Forecast International has introduced a critical new upgrade to the Industrial & Marine Turbine Forecast module of its Platinum Forecast System.  With this latest update, the Platinum Forecast System, Version 4.0, now provides forecasts of total additional annual installed capacity.  Now, users can see three vital statistics projections for the industrial and marine turbines market – unit production, value of production, and total capacity of production – over the next 15 years, plus historical data stretching back 10 years.  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

Power to Our (Naval) Elbow?

by Stuart Slade, Senior Naval & Marine Power Systems Analyst, Forecast International.

LM500 Ships Service Generator. Source: GE Marine

The last decade has seen the promise of a new generation of naval weapons and sensors.  The development of railguns and lasers has caused these weapons to slowly emerge from the pages of fiction and become an impending if not quite fully realized reality.  They are directed by equally new generations of active-array radars that provide a level of range and target discrimination that enables the long-sought defense against ballistic missile attack. These new systems have a major factor in common: they are all voracious consumers of electrical power. Continue reading

Not So Fast, Wall Street Analysts!

by Edward Nebinger, Forecast International.

LEAP-1B Engine. Source: CFM International

For the past month, Wall Street analysts have been having a feeding frenzy over General Electric, driving the price lower and lower until it reaches the point where they can jump back in.  It’s like a self-fulfilling prophesy – every day they find some new fault to gripe about, set lower target prices, announce them to the world, and, amazingly, the price goes down!  Actually, it’s wearing a little thin and the price seems to be sticking at around 18 bucks a share.  Continue reading

F135 Builds On P&W Legacy to Power the F-35

by Carter Palmer, Power Systems Specialist, Forecast International.

F-35B. Source: Lockheed Martin

Despite drawing equal amounts of praise and ire, the F-35 program is in a continual process of progressing as the airframe surpasses 100,000 hours of flight time.[1] An expensive piece of kit, the aircraft has conjured up arguments as to whether it is suitable in today’s military environment and if the price is commensurate with performance. Any aviation forum site chosen is rife with F-35 discussions; however, one aspect that seems to get less attention is the F135 turbofan engine that powers the fighter. Continue reading

Hanwha Focuses on Aerospace and Defense Operations

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

K21 Infantry Fighting Vehicle. Source: Hanwha

Over the past few years, Hanwha of South Korea has transformed itself into a major defense firm.  Founded during the Korean War as a gunpowder producer, the company has returned to its defense-related roots with a series of acquisitions. Continue reading

Who Will Power the T-X Trainer? Play the Percentages

by Carter Palmer, Power Systems Specialist, Forecast International.

Boeing/Saab T-X Trainer. Source – Boeing

The T-X competition is receiving a lot of attention in the aviation world. Such a lucrative contract—350 aircraft and further orders likely—promises a heated contest, with the triumphs and upsets a competition of this scale brings. The contending entrants are impressive and include both clean-sheet and current production models. While the designers – Boeing/Saab, Lockheed Martin/KAI, Leonardo, Sierra Nevada/TAI, and Stavatti – prepare for the impending battle, it’s worth a look at the engines that will power the aircraft. Continue reading

The Future of the EJ200 Rests on One Platform: The Eurofighter Typhoon

by Carter Palmer, Power Systems Specialist, Forecast International.

Eurofighter Typhoon

While the June 2016 Brexit vote may have been a setback for the ultimate European experiment, the results seemingly run counter to past European collaboration. Nowhere is this better illustrated  than in the world of aerospace. The Eurofighter – perhaps the pinnacle of European aviation – is a testament to what the continent can do … together. Production of the aircraft is now winding down, and its ancillary, the Eurojet EJ200 gas turbine engine, is being affected.   Continue reading

Remembering the “Great Engine War”

by Carter Palmer, Power Systems Specialist, Forecast International.

F100 Engine. Source: Pratt & WhitneyCivil aircraft owners and operators are no stranger to engine options. Two or even three engines, as is the case with the A330, may be offered for a single airframe. However, when it comes to military aviation, this luxury is generally not possible. Military aircraft have one engine type – and whether this exclusivity yields better results is often debated in aviation circles.  The F100, the famed Pratt & Whitney powerplant, has long been party to this dispute. Continue reading

Industrial Gas Turbines – Bragging Rights Center on Efficiency

by Carter Palmer, Power Systems Specialist, Forecast International.

Siemens SGT5-8000H gas turbine. Photo – Siemens

Since the turn of the last century, natural gas has been growing in popularity across the board as a fuel for power generation. Power from natural gas has traditionally been a relatively clean way to augment other sources of power, including renewables such as solar and wind. More recently, owing to lower prices and an increasing aversion to energy sources such as coal, methane-based gas has also been growing in appeal for baseload operations. Continue reading