Despite Tank Glut, Market Remains Lucrative for Players with Successful Programs

By Dean Lockwood, Military Vehicles Analyst, Forecast International.

 M1A1 Abrams battle tank. Photographer: Cpl Tyler L. Main/MCT via Getty Images

M1A1 Abrams.  Photographer: Cpl Tyler L. Main/MCT via Getty Images

Second only to the infantryman in terms of combat effectiveness, the “mailed fist” of heavy armor remains a highly adaptable force multiplier on the modern battlefield. Forecast International Weapons Group’s “The Market for Tanks” report projects that more than 3,800 main battle tanks, worth over $17.2 billion, will be produced through 2025. According to the report, high-end tanks will account for 24.1 percent of all new production, worth 43 percent of the market, during the next 10 years.

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Iran Considering Domestic Manufacture of T-90S Tank

By Derek Bisaccio, Military Markets Analyst, Forecast International.

T-90S main battle tank, the export version of the Russian T-90. Source: Rosoboronexport

With sanctions on Iran coming to a close thanks to the agreement between Tehran and the “P5+1” countries, international businesses are lining up to enter the Iranian market. President Hassan Rouhani’s recent visit to Europe – where he reached a number of high-profile agreements, including an order for 118 Airbus jetliners[i] – has been the subject of much fanfare, but Tehran is also seeking to build up its military capabilities. Continue reading

KANT Can. KMW/Nexter Merger Complete

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

Leopard 2A6. Source - KMW

Leopard 2A6. Source – KMW

Finally, after years of discussion, Krauss-Maffei Wegmann and Nexter have merged.  The newly merged firm is now based in Amsterdam, with each partner holding a 50 percent stake in the umbrella company, KANT (KMW And Nexter Together). KANT is co-owned by the French government through Giat Industries and Germany’s Wegmann Group, which is controlled by the Bode family. Continue reading

Nexter and Krauss-Maffei to Create European Land Systems Giant

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

Leopard 2A6E

KMW Leopard 2A6E

It was a long time coming, but the Holy Grail of defense industry consolidation between France and Germany is about to be realized. As budget austerity grips Europe, Krauss-Maffei Wegmann and Nexter have finally – after years of on-again, off-again discussion – signed an agreement on a merger plan. Continue reading