A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The British Ministry of Defense will receive an additional GBP1 billion ($1.28 billion) boost to its in-year budget following an announcement by U.K. Treasury Chancellor Philip Hammond on October 29. …
British MoD to Receive Additional Funding in Effort to Protect Key Programs Read Moreby Bill Ostrove, International Military Markets Analyst, Forecast International. Brazilian right-wing congressman Jair Bolsonaro has won a runoff election to become Brazil’s next president. Bolsonaro defeated opponent Fernando Haddad with 55.1 percent …
Jair Bolsonaro Will Be Brazil’s Next President Read More by Dan Darling, International Military Markets Analyst, Forecast International. With deterrence against a Russian incursion along its Baltic flank a paramount strategic concern of NATO, military mobility has emerged …
NATO Military Mobility in Europe Remains Key Focus of Alliance Read More Following a meeting of the National Space Council on October 23, the White House has officially unveiled its recommendations regarding the creation of a Space Force. The proposal includes six …
White House Makes Formal Space Force Recommendations Read More As had been widely expected Belgium has tapped the next-generation F-35 Lightning II combat aircraft from Lockheed Martin as its preferred alternative to replace the Belgian Air Force’ legacy fleet …
Belgium Picks F-35 for Long-Term Fighter Replacement Read Moreby Shaun McDougall, Military Markets Analyst, Forecast International. President Donald Trump has called on department secretaries to deliver 5 percent cuts for their upcoming FY20 budget requests, opening the door for a …
Trump Opens the Door to Defense Spending Cuts as Sequestration Looms Read More The Ministry of Defense for Slovakia is hoping to receive government clearance for an armored infantry fighting vehicle (AIFV) procurement. The Defense Ministry intends to request cabinet approval for the …
Slovak Defense Ministry Looks to Move AIFV Procurement Forward Read More Mexico’s secretary of the Navy has announced the electronics suite and surface to air missile system for the Long Range Oceanic Patrol (POLA in Spanish) vessel. According to the announcement, …
Mexico Announces POLA Electronic Sensor Suite and Missile System Read Moreby Derek Bisaccio, International Military Markets Analyst, Forecast International. The news of the disappearance and killing of The Washington Post writer Jamal Khashoggi has put a spotlight on the United States’ …
Examining U.S. Arms Sales to Saudi Arabia Read More The United Kingdom is aiming to procure 16 new H-47 Chinook extended range heavy-lift helicopters from Boeing under the U.S. government-to-government foreign military sales (FMS) channel. An FMS request valued …
Boeing Eyes another Sales Victory as U.K. FMS Request for H-47 Chinook Cleared Read More