A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Emergence of the novel coronavirus COVID-19 has upended the global economic outlook for the upcoming year. Governments around the world have been forced to reassess their budgets and enact new …
Oil Salvoes Put Further Pressure on Saudi Defense Budget Read More
The novel coronavirus (COVID-19) pandemic that has swept the globe has come down particularly hard in Spain. The number of confirmed infections continues to grow day by day, placing the …
Spain’s Defense Market and the COVID-19 Crisis Read More
Work on a pair of upgraded amphibious assault ships for the Russian Navy is falling behind schedule. A source in the Russian shipbuilding industry told state-owned media outlet TASS on …
Russian Amphibious Assault Ship Work Behind Schedule Read More
The German government has extended its arms embargo on Saudi Arabia. German media outlet DW reported on Monday that the German government had approved an extension of the arms embargo …
Germany Extends Arms Embargo on Saudi Arabia Read More
At a time when much of the country’s workforce is staying home or slowing operations due to the COVID-19 outbreak, U.S. officials are calling on the defense industry to stay …
DoD Memo Calls for Defense Industrial Base to Continue Working during COVID-19 Outbreak Read More
Brunei has announced its budget for the upcoming 2020-2021 fiscal year, with defense receiving an allocation of BND606 million ($430 million). This represents a 2.7 percent nominal increase over the …
Brunei Announces Upcoming Fiscal Year Defense Budget Read More
The Russian military will test-fire a new missile from a submarine. A source told TASS Russian News Agency on March 11, 2020, that the Project 885 Yasen-class submarine Severodvinsk will …
Zircon to be Test-Fired from Russian Submarine Read More
A quick examination of recent Egyptian arms contracts, or a look at the country’s military force structures, demonstrates quite clearly that the Egyptian military prefers to remain flexible in its …
Gunboats and Diplomacy Read More
Incumbent Israeli Prime Minister Benjamin Netanyahu has defeated rival Benjamin Gantz in this week’s election. As results began being released from Monday’s elections, Prime Minister Netanyahu’s Likud Party appeared on …
Netanyahu Defeats Gantz in Israeli Election Read More