As recently discovered [T. Karpiuk et al., Phys. Rev. Lett. 109, 190601 (2012)], Anderson localization in a bulk disordered system triggers the emergence of a coherent forward scattering (CFS) peak in momentum space, which twins the well-known coherent backscattering (CBS) peak observed in weak localization experiments. Going beyond the perturbative regime, we address here the long-time dynamics of the CFS peak in a one-dimensional random system and we relate this novel interference effect to the statistical properties of the eigenfunctions and eigenspectrum of the corresponding random Hamiltonian. Our numerical results show that the dynamics of the CFS peak is governed by the logarithmic level repulsion between localized states, with a time scale that is, with good accuracy, twice the Heisenberg time. This is in perfect agreement with recent findings based on the nonlinear sigma model. In the stationary regime, the width of the CFS peak in momentum space is inversely proportional to the localization length, reflecting the exponential decay of the eigenfunctions in real space, while its height is exactly twice the background, reflecting the Poisson statistical properties of the eigenfunctions. It would be interesting to extend our results to higher dimensional systems and other symmetry classes.