A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Thailand’s government has given its stamp of approval to a defense budget proposal for 2020 that will see topline spending rise to THB233.35 billion ($7.6 billion). The draft figure marks …
Thai Government Approves Defense Budget Draft for 2020 Read More
U.S. President Donald Trump told reporters on Monday that he is amenable to the idea of meeting with his Iranian counterpart, Hassan Rouhani. At a press conference alongside French President …
President Trump Open to Meeting with President Rouhani Read More
The Indonesian government of President Joko Widodo has proposed a 3 percent increase to the national budget for 2020, with defense earmarked for a boost of 16% percent in year-on-year …
Indonesian Government Proposes 16 Percent Defense Spending Increase for 2020 Read More
In today’s podcast, the Forecast Roundtable continues its discussion regarding rising tension between the U.S. and Iran. Senior International Military Markets analyst Daniel Darling speaks to Forecast International analysts Matthew …
Forecast Roundtable – Tensions Rising with Iran, Part 2 Read More
A Yemeni separatist group says it has taken control of the city of Aden, a key port on the Gulf of Aden, after days of clashes with forces associated with …
Yemeni Separatists Storm Government Positions in Aden Read More
As expected, Turkey will officially not be receiving its order of F-35 Lightning II fifth-generation combat aircraft following its acceptance of delivery of the advanced S-400 air defense system from …
Turkey-U.S. Relations Further Strained by S-400 Delivery Read More
The U.S. State Department notified Congress via the Pentagon’s Defense Security Cooperation Agency (DSCA) on July 8 of a pair of potential Foreign Military Sales to Taiwan worth a combined …
U.S. State Department OK’s $2.2 Billion in Potential Military Hardware Sales to Taiwan Read More
Iran’s stockpile of low-enriched uranium has breached the limit set under an agreement reached between world powers and Tehran in 2015. On July 1, Iranian media began reporting that the …
Iranian Enriched Uranium Stockpile Breaches Nuclear Deal Read More
India is readying a package of defense acquisition deals with the U.S. over the coming few years at an estimated price range of roughly $10 billion. The future requests would, …
India Seeks to Add More U.S. Hardware but Sanctions Regime Remains Concern Read More
Russia has maintained its arms exports portfolio despite pressure from external sources, Russian officials have said, and the volume of sales should rise in the future. Speaking to Zvezda TV …
Russian Officials Tout Arms Exports Despite Sanctions Read More