A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Congress passed a new continuing resolution to avoid a government shutdown tonight, but the legislation locks the Department of Defense at reduced funding levels into early 2024. The unique spending …
Congress Kicks the Can on FY24 Appropriations, Prolonging DoD Funding Shortfalls Read More
Falcon 9 launches the GPS III Space Vehicle 05 mission from Space Launch Complex 40 at Cape Canaveral Space Force Station, Florida, June 17, 2021. The Space Force finds itself …
Space Force Faces Disruptions Under Stopgap Spending Bill Read More
U.S. President Joe Biden has asked Congress to approve $106 billion worth of supplemental funding to aid Ukraine and Israel, and for other military and domestic needs. Nearly 60 percent …
Biden Administration Requests $106 Billion in Supplemental Funding for Ukraine, Israel, and Other Needs Read More
The Department of Defense once again finds itself operating at reduced funding levels due to a continuing resolution (CR) enacted at the start of the 2024 fiscal year. A CR …
U.S. Navy Shipbuilding Programs Impacted by Continuing Resolution Read More
President Joe Biden said he would veto a proposed House defense spending bill if it were to be put on his desk in its current form. The House defense appropriations …
White House Cites Multiyear Munitions Buys in Veto Threat of House Appropriations Bill Read More
The leaders of the Senate Appropriations Committee reached an agreement to add $8 billion to the FY24 defense budget, using emergency spending authority to bypass spending limits put in place …
Senate Appropriators Agree to Bypass Spending Limits, Add $8 Billion for Defense Read More
The House’s recent version of the FY24 defense appropriations bill provided a lifeline for the alternate engine being developed for the F-35, but the legislation doesn’t foresee actually using the …
House Bill Keeps Alternate F-35 Engine Afloat, but Only for Research Purposes Read More
U.S. Congressional defense committees have been hard at work marking up their versions of FY24 defense legislation. Thus far, we’ve seen drafts released from the House Armed Services Committee and …
FY24 Congressional Budget Markup Process in Full Swing Read More
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