A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Senate Armed Services Committee filed its version of the FY22 defense authorization bill last week, providing additional insight into the details of the $25 billion defense boost recommended by …
Senate Panel Adds $16 Billion for Acquisition Programs Read More
by Nicholas Dawson, Forecast International. Lebanon is experiencing one of the worst economic collapses in recent history. The currency has lost more than 90 percent of its value; an estimated …
The Lebanese Economic Crisis: How It Happened; the Challenges that Lie Ahead Read More
Australia’s cancellation of its contract with France’s Naval Group for 12 Shortfin Barracuda class submarines (the Shortfin being a conventionally powered variant of the nuclear-powered Barracuda) in favor of …
Australia’s Surprise Decision and the Dynamics of the World Submarine Market Read More
by Nicholas Dawson, Forecast International. August 15, 2021, is the day that brought the war in Afghanistan full circle. As the American troops were steadily preparing to leave, the Taliban …
An Analysis of the Government Proposed for the Islamic Emirate of Afghanistan Read More
The decision by Australia to scrap its $66 billion deal to purchase French-designed submarines in favor of a nuclear-powered option enveloped within a broader three-nation security pact with the U.S. …
The Fallout from Australia’s Submarine Decision and Other Ramifications of the AUKUS Pact Read More
In a surprise move, Australia has opted to cancel its plans for 12 French-designed conventional submarines and instead utilize American and British nuclear-powered technology for its future fleet as part …
Going Nuclear: Australia Joins U.S.-U.K. for Future Submarine Solution Read More
The fall of Kabul came much faster than anticipated, but U.S. President Joe Biden says he remains confident in his decision to withdraw American forces. Afghan President Ashraf Ghani fled …
Biden Undeterred as Kabul Falls Read More
With the disposal of its rail-related transportation division, Bombardier has reached the zenith of its restructuring efforts. After years of divestments and restructurings, today’s Bombardier is a pure-play aerospace company …
Bombardier Now Solely Focused on Aerospace Read More
Senate Democrats passed a $3.5 trillion non-binding budget resolution Wednesday morning along party lines that recommends limiting defense budget growth to 2.2 percent per year over the next five years. …
Senate Passes $3.5 Trillion Budget Resolution without $50 Billion Defense Infrastructure Amendment Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. On August 2, British aerospace and defense company Meggitt announced that it has accepted an offer to be acquired by Parker Hannifin, a …
British Aerospace & Defense Company Meggitt Agrees to $8.8 Billion Takeover by Parker Hannifin Read More