U.S. President Trump Orders Tomahawk Strikes on Syrian Airbase

by Derek Bisaccio, Military Markets Analyst, Forecast International.

Tomahawk missile launch

The guided-missile destroyer USS Porter (DDG 78) launches a Tomahawk missile (U.S. Navy photo by Mass Communication Specialist 3rd Class Ford Williams/Released)

Early on April 7, 2017, the United States Navy conducted Tomahawk missile strikes on al-Shayrat airbase in Homs, Syria, in retaliation for an alleged chemical weapons attack earlier in the week on Khan Sheikhoun, in opposition-controlled Idlib. The strikes mark the first time the United States has deliberately targeted the Syrian military since an uprising began in 2011. Continue reading

Safran Expands with $9.1 Billion Zodiac Aerospace Buy

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

Zodiac Seats

Safran has announced that it will acquire seats manufacturer Zodiac Aerospace for approximately EUR8.5 billion ($9.1 billion).

The new entity will combine Safran’s capabilities in landing gear, wheels and brakes, nacelles, power systems, actuation systems and avionics with Zodiac Aerospace’s positions in seats; cabin interiors; power distribution; lighting; fuel, oxygen and fluid systems; and safety equipment. Zodiac Aerospace’s electrical systems assets will reinforce Safran’s portfolio of technologies and position the group ideally for future developments toward the “more electrical aircraft.”

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United States Withholds Military Reimbursement Funding for Pakistan

by Derek Bisaccio, Military Markets Analyst, Forecast International.

Pakistani military officials meet following deadly blasts in Quetta. Source

Pakistani military officials meet following deadly blasts in Quetta. Source.

On August 3, The Washington Post reported that the United States had decided to withhold hundreds of millions of dollars in military assistance to Pakistan after the Pentagon assessed that the Pakistani government had not taken sufficient action against the Haqqani network. Continue reading

Forecast Roundtable – Indian Defense Environment, Part 2

2podcast logo

Welcome to the Forecast Roundtable podcast. Each podcast features several analysts discussing various aerospace and defense-related issues.

This week’s podcast continues the discussion between Huma Siddiqui Senior Correspondent for New Delhi’s Financial Express and Dan Darling Europe/Asia Military Markets Analyst for Forecast International discussing India’s defense environment. Continue reading

Forecast Roundtable – Indian Defense Environment, Part 1

2podcast logo

Welcome to the Forecast Roundtable podcast. Each podcast features several analysts discussing various aerospace and defense-related issues.

This week’s podcast features Huma Siddiqui Senior Correspondent for New Delhi’s Financial Express and Dan Darling Europe/Asia Military Markets Analyst for Forecast International discussing India’s defense environment. Continue reading

U.S. Government Shutdown Avoided Amidst Prolonged Budget Battle

By Shaun McDougall, Military Markets Analyst, Forecast International.

U.S. Capitol Source: Forecast International

U.S. Capitol
Source: Forecast International

U.S. lawmakers have avoided a government shutdown with the passage of a continuing resolution that funds the government at FY15 levels through December 11. The 2016 fiscal year began on October 1; however, lawmakers have not finalized the Pentagon’s FY16 spending bill. The Senate passed the continuing resolution on September 30 by a vote of 78 to 20, and the House passed the measure by a vote of 227 to 151. President Obama signed the legislation into law later that night. Continue reading

Oshkosh Defense Decline Reverses with JLTV Win

by Dean Lockwood, Senior Weapons Systems Analyst, Forecast International.

Oshkosh's Light Combat Tactical All-Terrain Vehicle (L-ATV). Source: Oshkosh

Oshkosh Defense’s Joint Light Tactical Vehicle. Source: Oshkosh

On August 25, 2015, the U.S. Army awarded Oshkosh Defense a $114.7 million contract for low-rate initial production and full-rate production of the Joint Light Tactical Vehicle. The U.S. Department of Defense currently maintains a revised procurement objective of 54,599 JLTVs – 49,099 for the Army and 5,500 for the Marine Corps. The Government Accountability Office estimates that the DoD will spend more than $53.3 billion on the JLTV program – $1.082 billion for RDT&E and at least $52.3 billion for procurement. The Army expects the JLTV to achieve Initial Operational Capability in 2019. Continue reading