A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
A new defense policy bill Congress released this week gives the green light to establishing a new Space Force as the sixth Armed Service of the U.S. The new service will fall …
U.S. Defense Policy Bill Establishes Space Force Read More
The U.S. Congress has reached an agreement on a defense bill covering funding for 2020 that will allocate military assistance to Ukraine. This week, following months of dialogue between members …
U.S. Allocates $300 Million in Military Aid to Ukraine Read More
Saudi Arabia is planning to further shrink its defense budget for the upcoming year. This week, Saudi Arabia unveiled its plan for the budget in 2020. Overall, the government is …
Saudi Arabia Cuts Defense Budget Read More
The Russian Ministry of Defense will finalize a contract for an upgraded version of the Ka-52 next year. Speaking to TASS Russian News Agency on December 4, Russian Helicopters CEO …
Russia Preparing Ka-52M Contract Read More
The U.S. Navy has awarded a $22.2 billion contract to General Dynamics Electric Boat for nine Block V Virginia class submarines, of which eight will be equipped with the Virginia …
U.S. Navy Awards $22 Billion Contract for Nine Virginia Class Subs Read More
Several months after putting a hold on military aid to Lebanon, the U.S. has lifted its block. On Monday, three sources told the Associated Press that the U.S. has unfrozen …
U.S. Military Aid to Lebanon Unfrozen Read More
As expected, U.S. President Donald Trump signed a short-term spending bill on the evening of November 21 to avoid a government shutdown. The continuing resolution (CR) funds the federal government …
Stopgap Spending Bill Keeps U.S. Government Running Through December 20 Read More
Boeing is offering a multibillion dollar industrial benefits package as part of its fighter jet pitch to Canada in hopes that support for domestic industry will give the company an …
Boeing Offers Industrial Benefits Package in Canadian Fighter Jet Bid Read More
The U.S. has approved a potential sale of attack helicopters to Morocco. On November 20, 2019, the U.S. State Department announced via the DSCA that it had approved a potential …
Morocco Approved for Attack Helicopter Buy Read More
The Russian government is ready to proceed with negotiations on arms sales to Iran. At the Dubai Air Show, the director of the Russian Federal Service for Military-Technical Cooperation, Dmitry …
Russia Ready to Discuss Arms Contracts with Iran Read More