A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Last week, North Korean leader Kim Jong-un traveled northwards to Russia for a nearly week-long visit, meeting with Russian President Vladimir Putin and other top officials, as well as touring …
Russia’s DPRK Outreach Read More
The Swedish government has put forth a budget bill for fiscal year 2024 (FY24) that will drive defense spending up by 30 percent year-on-year and push the country towards the …
Eying NATO Membership, Swedish Government Proposes Defense Spending Hike Read More
The Polish draft budget for FY24 released by the Ministry of Finance indicates a sharp year-on-year increase for the country’s defense budget. The proposed earmark reflects a rise from the …
Poland Proposes Double-Digit 2024 Budgetary Increase for Defense Read More
Overnight on June 23 of this year, Wagner Group commander Yevgeny Prigozhin played his hand, launching a mutiny against the Russian Ministry of Defense after months of bickering with its …
Putin Owns the Cards Read More
In June, after months of speculation, Kyiv launched its much-awaited counter-offensive against the Russian military, aiming to break the impasse that settled over the conflict through the winter and spring …
Russian Wartime Defense Spending Balloons Read More
After months of bickering with the Ministry of Defense over the course of the war in Ukraine, Wagner PMC head Yevgeny Prigozhin threw down the gauntlet over the weekend, marching …
Prigozhin Plays His Hand Read More
Russia traces the history of its arms export control system to 1953 under the Soviet Union, with this month marking the 70th anniversary of the establishment of Russia’s system of …
Russian Officials Discuss Military-Technical Cooperation 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 White House has asked Congress to approve an additional $37.7 billion in aid for Ukraine. The package includes $21.7 billion in security assistance that would flow through the Pentagon, …
White House Seeks Additional $38 Billion for Ukraine Read More
The U.S. on Thursday announced a $675 million security assistance package for Ukraine, marking the 20th time the Biden administration has utilized drawdown authority to transfer existing U.S. equipment into …
U.S. Aid Continues to Flow into Ukraine Read More