United Aircraft Corporation the Centerpiece of Rostec’s Aviation Cluster
Posted on Thu, 03 Dec 2020 13:51:48 +0000 EST

Russia is continuing to consolidate its defense industry, and now its aviation industry, around its largest state-owned defense industry holding, Rostec. According to Rostec, the inclusion of United Aircraft Corporation …

Airbus Third Quarter 2020 Earnings Review and Outlook
Posted on Mon, 23 Nov 2020 13:52:07 +0000 EST

by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues and cash flow greatly Improved in third quarter Sharp increase in deliveries in Q3 vs. Q2 Cash burn has stopped, Q3 …

British Government Announces Major Defense Spending Boost
Posted on Thu, 19 Nov 2020 17:21:41 +0000 EST

In what may reasonably be described as a surprise, British Prime Minister Boris Johnson has announced a major investment package for the Ministry of Defence – marking the largest such …

Airbus and Boeing Report October 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 16 Nov 2020 13:23:29 +0000 EST

The return of the Boeing 737 MAX draws close while Airbus reports highest delivery figures since before the pandemic, delivers first A330-800 and mulls A320 rate hike by J. Kasper …

How the Biden Win Impacts Defense
Posted on Fri, 13 Nov 2020 08:30:36 +0000 EST

Vice President Joe Biden standing behind a podium in front of uniformed soldiers
The race was too close to call on election day, but former Vice President Joe Biden has unseated incumbent Donald Trump in the presidential election, multiple news outlets are reporting. …

Taiwan Cleared for $1.8 Billion Worth of FMS Purchases
Posted on Thu, 22 Oct 2020 14:52:25 +0000 EST

Just a few weeks before the U.S. presidential election, the Trump administration has cleared yet another billion-plus-dollar Foreign Military Sales package for Taiwan. The latest FMS package involves three sales …

Arms Embargo on Iran Expires
Posted on Mon, 19 Oct 2020 15:15:53 +0000 EST

In line with the provisions of the 2015 nuclear accord, the arms embargo on Iran has now expired. The end of the restrictions comes despite a last-minute effort on the …

Airbus and Boeing Report September 2020 Commercial Aircraft Orders and Deliveries
Posted on Fri, 16 Oct 2020 13:41:15 +0000 EST

Both companies report no new orders in September as Boeing decides to move all 787 production to South Carolina in 2021 by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and …

Forecast International’s Platinum Forecast System Proving Its Value During Pandemic
Posted on Thu, 15 Oct 2020 15:20:36 +0000 EST

System’s use on the rise in response to the need for breaking news and updated forecasts. Forecast International reports that sales and use of its dynamic Platinum Forecast System 4.4 …

Esper Charts Course for Future Navy Fleet
Posted on Tue, 13 Oct 2020 07:30:22 +0000 EST

small unmanned vessel outfitted with electronics and weaponsmoves through the water
U.S. Defense Secretary Mark Esper outlined plans to build a Navy fleet consisting of over 500 manned and unmanned ships by 2045.  The planned fleet features a larger submarine component, …