Civil Retrofit & Modernization Recovery Led by Cargo Conversions
Posted on Mon, 03 May 2021 11:00:32 +0000 EST

The overall market for civil aircraft retrofit and modernization is, of course, directly tied to capacity. The COVID-19 pandemic has challenged the airline industry in ways it has never been …

Forecast International Unveils Freshly Updated Airborne Electro-Optical Market Analysis
Posted on Fri, 23 Apr 2021 12:00:43 +0000 EST

Forecast International (FI), a world leader in aerospace and defense market intelligence, has released a new analysis of the airborne electro-optics market.  The Market for Airborne Electro-Optical Systems is based …

Airbus and Boeing Report First Quarter 2021 Commercial Aircraft Orders and Deliveries
Posted on Mon, 19 Apr 2021 12:20:11 +0000 EST

Year of Recovery Well Underway for Commercial Jet Makers – Strong Vote of Confidence in 737 MAX by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 77 and …

White House Proposes $715 Billion Defense Budget for FY22
Posted on Tue, 13 Apr 2021 07:30:42 +0000 EST

The White House has announced that its FY22 budget request will seek $753 billion for national defense, a 1.7 percent increase over the FY21 enacted level. That figure includes the …

The U.K. Defense Command Paper in Review
Posted on Fri, 26 Mar 2021 16:38:55 +0000 EST

The latest U.K. defense review document – the Defence Command Paper titled “Defense in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …

Lockheed Martin and Northrop Grumman to Compete for Next-Generation Interceptor
Posted on Fri, 26 Mar 2021 13:00:11 +0000 EST

The Missile Defense Agency (MDA), in a competitive downselect phase, selected Lockheed Martin and partner Aerojet Rocketdyne and a Northrop Grumman and Raytheon Missiles & Defense team to develop and …

Scathing Report on the British Army’s Armored Fighting Vehicle Capability: ‘Deplorable, Obsolescent and Outgunned’
Posted on Mon, 22 Mar 2021 12:21:25 +0000 EST

by J. Kasper Oestergaard, European Correspondent, Forecast International. In a scathing March 14 report released by the U.K. Parliament’s Defence Committee, the British Army’s armored fighting vehicle capability is called deplorable, …

Aero Vodochody Continues Trainer Focus Under New Owners
Posted on Mon, 08 Mar 2021 13:35:42 +0000 EST

With Aero Vodochody successfully refocused on its training aircraft operations, owner Penta decided the time was ripe to divest.  In mid-2020, a joint venture firm led by Hungarian businessman Andras …

Airbus Fourth Quarter and Full Year 2020 Earnings Review and 2021 Outlook
Posted on Mon, 22 Feb 2021 13:15:04 +0000 EST

by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues, cash flow and liquidity greatly improved in fourth quarter Reported €1.6 billion net profit in Q4 – first quarterly profit since …

BAE Systems Awarded Contract for 36 Amphibious Combat Vehicles
Posted on Thu, 11 Feb 2021 15:20:38 +0000 EST

amphibious vehicle drives out of the water
BAE Systems has received a $183.8 million contract for Amphibious Combat Vehicles (ACVs) for the Marine Corps. The award is a fixed-price incentive modification to a previously awarded contract (M67854-16-0006) …