EU Taking Steps to Bring Harmony to Its Discordant Defense Market

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

After years of talk with little to show for it, the governments of Europe are finally moving forward with long-held cooperative defense ambitions through the auspices of the European Union. The announcement by the EU on June 7 of a European Defense Industrial Program co-financed by members to the tune of EUR500-EUR590 million annually through 2020, thereafter growing to EUR1-EUR1.5 billion annually, marks the launch of an effort to bring commonality and unity to an otherwise fragmented market. Continue reading

NASA’s FY18 Budget Allotment Offers a Few Surprises, Though Agency is Largely Unscathed

by Bill Ostrove, Space Systems Analyst, Forecast International.

NASA’s Crew Exploration Vehicle (CEV)

President Donald Trump’s Fiscal Year 18 federal budget proposal – released on May 23 –  includes a few surprises for NASA.  While much has been made of the many cuts to social programs in the president’s budget, NASA’s funding remains largely unchanged – with a few notable exceptions. Continue reading

Homeland Missile Defenses Remain Too Limited ~ Report

Pamela Hurt, Forecast International.

GMD FTG-05 takes off in 2008 prior to a successful intercept test. Source: Missile Defense Agency

At an April 7th launch of a new report entitled, “Missile Defense 2020: Next Steps for Defending the Homeland,”[i] lead author Thomas Karako, of the Center for Strategic and International Studies, offered four types of development likely to protect the U.S. homeland most effectively in the near term. Continue reading

Gulf Allies See Friend in Trump Administration

by Derek Bisaccio, Military Markets Analyst, Forecast International.

U.S. President Donald Trump and Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman bin Abdulaziz al-Saud walk along the West Colonnade of the White House in March 2017. (Official White House photo by Shealah Craighead)

U.S. President Donald Trump’s first 100 days saw a flurry of activity on both the domestic and foreign fronts as the new president seeks to address what he sees as the policy shortcomings of his predecessor and enact the pledges he made on the campaign trail. These efforts have at times prompted bipartisan support while at other times drawn fierce condemnation from the opposition Democratic Party and even his own Republican Party. Continue reading

Incoming Trump Administration Will Consider Its Options on Iran Deal

 by Derek Bisaccio, Military Markets Analyst, Forecast International.

tr

Outgoing President Barack Obama meets with President-elect Donald Trump in the Oval Office on November 10, 2016.

On November 8, the United States went to the polls to elect a successor to President Barack Obama, whose second term ends in January. Voters delivered a victory to businessman Donald Trump, who was able to secure victories in a sufficient number of crucial swing states to achieve the 270 electoral votes needed to win. Continue reading