U.S. House Passes FY19 Defense Authorization Bill

by Shaun McDougall, Military Markets AnalystForecast International.

E-8C JSTARS Radar aircraft

The House Armed Services Committee wants the Air Force to restart the E-8C JSTARS Recapitalization program.
Source: U.S. Air Force

The U.S. House of Representatives recently passed its version of the FY19 defense authorization bill by a vote of 351-66.  The bill supports a Pentagon base budget of $639.1 billion, which complies with the two-year budget deal agreed upon earlier this year that amended national security spending caps in FY18 and FY19.  This base spending includes $617.1 billion for the Pentagon, $21.8 billion for nuclear programs in the Department of Energy, and $214 million for other defense-related activities.  The bill recommends $69 billion for Overseas Contingency Operations (OCO), matching the request, for a total of $708.1 billion in discretionary defense spending in FY19.  Continue reading

Military Drone Market Slows, but Value Not Dropping

by Larry Dickerson, Unmanned Vehicles Analyst, Forecast International.

RQ-4B Block 30 Global Hawk (Source: Northrop Grumman)

RQ-4B Block 30 Global Hawk (Source: Northrop Grumman)

Despite all the talk about commercial unmanned air vehicles (UAVs), the unmanned aircraft system (UAS) market remains dominated by military customers.  Although overall production is falling, the value of this market continues to grow.

The UAS market has seen a remarkable transformation over the last 12 years.  This radical change occurred in the wake of the 9/11 terrorist attacks and the subsequent global war on terror launched by the United States and its allies.

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