A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The South Korean government plans to trim around KRW300 billion ($245 million) from the country’s 2020 defense allocation in order to bolster its economic relief effort in light of the …
Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget Read More
The commander of the Libyan National Army, Gen. Khalifa Haftar, has threatened to escalate the LNA’s offensive in western Libya, amid reports that his militia has taken delivery of fighter …
LNA Reportedly Receives Fighter Jets as It Plans Escalation of Libya War Read More
The Ukrainian military is looking to procure new fighter jets and surface-to-air missiles over the coming years. In the Air Force Vision 2035 document, recently approved by the Military Council …
Ukraine Plans Air Force Overhaul Read More
Production of the first Su-35 for the Egyptian Air Force has begun. A military diplomatic source said the following to state-owned media outlet TASS Russian News Agency over the weekend: …
Su-35 Production for Egypt Begins Read More
The U.S. State Department has approved a possible sale of Mine Resistant Ambush Protected (MRAP) armored vehicles to the United Arab Emirates . In a statement on its website, the …
UAE Approved for MRAP Buy Read More
An Iraqi politician stated this week that Baghdad will turn to Russia for airvdefense equipment if it cannot procure modern systems from the United States. The chairman of the Security …
Iraqi MP Says Baghdad Considering Russian Air Defense Systems Read More
Iran has called the U.S. effort to extend the arms embargo on Iran “illegitimate.” In a statement on Monday, Iran’s Foreign Ministry spokesman, Abbas Mousavi, said, “Iran is not seeking …
Iran Dismisses American Effort to Extend Arms Embargo Read More
Thailand becomes the latest defense spending domino to fall in Asia as governments look to shift funding priorities toward novel coronavirus (COVID-19) economic and civil relief packages. With Thailand’s economy …
Thailand Cuts Defense Budget, Suspends Military Acquisition Projects Read More
The U.S. is calling for an extension of the U.N. arms embargo on Iran, which is due to expire later this year. In a statement on his Twitter page over …
U.S. Calls on Security Council to Extend Iran Arms Embargo Read More
The Russian government will postpone its Victory Day parade over concerns about the novel coronavirus (COVID-19). RBC, a Russian news outlet, reported on Thursday that the annual Victory Day parade, …
Report: Russia to Postpone Victory Day Parade Over COVID-19 Read More