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) …

Top 100 Defense Contractors 2020
Posted on Tue, 02 Feb 2021 16:42:26 +0000 EST

The following is a list of the Top 100 U.S. Department of Defense prime contractors in fiscal year 2020 ranked by total contract funds awarded.  In FY20, the DoD awarded …

Sweden Looks to the Past to Prepare for Its Defense Future
Posted on Tue, 26 Jan 2021 20:47:12 +0000 EST

The long national awakening to a renewed threat presented by Russia has prompted Sweden’s political leadership to dip into its past to prepare for potential future conflict. The new preparations …

Airbus and Boeing Report December and Full-Year 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 18 Jan 2021 11:30:38 +0000 EST

2021 Expected to Be Year of Recovery for Commercial Plane Makers by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 39 and 89 commercial jets in December 2020, …

Uzbekistan Displays New Military Vehicles
Posted on Thu, 14 Jan 2021 14:54:41 +0000 EST

Uzbekistan’s defense industry recently showed off new military vehicles entering production. During President Shavkat Mirziyoyev’s visit to the Academy of the Armed Forces of Uzbekistan on January 12, the president …

A Whirlwind Day Sees the Senate Flip and Biden’s Victory Certified, Despite Chaos on the Hill
Posted on Mon, 11 Jan 2021 14:20:27 +0000 EST

steps of the u.s. capitol building
To say January 6 was a chaotic day in American politics would be an understatement. In hours, control of the Senate changed parties, an angry mob stormed the Capitol, President-Elect …

Israeli Defense Minister Seeks Third F-35 Squadron
Posted on Mon, 04 Jan 2021 14:36:39 +0000 EST

The Israeli Defense Minister expressed his preference for the country to acquire a third F-35 squadron in comments to media on Monday. Speaking to Ynet TV, Defense Minister Benjamin Gantz …

MTU Aero Engines Sees MRO Recovery In 2021
Posted on Mon, 04 Jan 2021 11:00:00 +0000 EST

A little over a year into the COVID-19 pandemic, the aviation industry remains under pressure – a status that is likely to linger for some time to come.  Air traffic, …

Washington Releases Lame-Duck Shipbuilding Plan that Requires $45 Billion in Offsets
Posted on Tue, 15 Dec 2020 08:47:49 +0000 EST

navy ships form a line in the pacific ocean
The U.S. Navy has released the long-awaited update to its 30-year shipbuilding plan. The public release of the strategy document was delayed early this year when then-Defense Secretary Mark Esper …