A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The FY24 budget request (PB24) changed significantly from projections in last year’s spending plan (PB23), for a variety of reasons. Some programs were increased in scope, some were scaled back, …
Biggest Gains and Losses in the Pentagon’s FY24 Budget Read More
The ink hasn’t dried on the debt deal that placed limits on defense spending, but lawmakers are already discussing potential workarounds to add more funding to the Pentagon’s coffers in …
Lawmakers Already Eyeing Debt Limit Workarounds to Boost Defense Budget Read More
The new debt ceiling and spending agreement reached by President Joe Biden and House Speaker Kevin McCarthy has major implications for Pentagon spending and acquisition programs for at least the …
Implications of the Debt Agreement for Pentagon Spending and Acquisition Read More
The Royal Canadian Navy is pushing the government to support a program to build up to 12 new submarines, according to a report from the Ottawa Citizen. The government is …
Royal Canadian Navy Wants 12 New Submarines Read More
Last year’s FY23 defense budget request received significant pushback from Congress. The administration originally requested $773 billion for the Pentagon and projected a defense budget of $801 billion in FY24, …
A Look Inside the Pentagon’s FY24 Acquisition Budget Request Read More
The Department of Defense has announced a new security assistance package for Ukraine worth $2.6 billion. The aid package is split up into two parts. The first is a $500 …
U.S. Announces $2.6 Billion in Security Assistance as Ukraine Prepares for Counteroffensive Read More
The Canadian government has submitted a letter of request through the United States government’s Foreign Military Sales for the potential procurement of up to 16 Boeing P-8A Poseidon maritime patrol …
Canada Moves a Step Closer to Buying P-8A Maritime Patrol Aircraft Read More
Canadian Defence Minister Anita Anand recently traveled to the U.S. to meet with Boeing officials to discuss military programs, and reports suggest topics included the potential sale of 14 P-8A …
Canada Considering P-8A Purchase from Boeing Read More
For a comprehensive view of the impact of the B-21 Raider, Conference Appropriations Bill Air Force Aircraft Funding is a good place to start. B-21 Raider funding is ramping up …
Meet the B-21 Raider Read More
The war in Ukraine has had a significant impact on U.S. munitions stockpiles, and lawmakers are taking action to make it easier for the Pentagon to replenish those munitions. Washington …
Congress Gives Go-Ahead for Multiyear Munitions Buys Read More