A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The German government is planning to sign contracts in the coming months as part of an effort to modernize the country’s military, starting with the acquisition of new frigates and …
Germany to Sign EUR7 Billion Frigate, APC Contracts Read More
Throughout the first three months of the year, Russia has used its new 3M22 Tsirkon anti-ship cruise missile five times to perform ground strikes on Ukraine’s capital Kyiv, the city’s …
Five Russian Tsirkon Strikes on Kyiv This Year Read More
The U.S. Navy released its latest long-range shipbuilding strategy, which outlines construction and retirement plans for the service’s fleet over the next 30 years. The strategy document encompasses two potential …
U.S. Navy Releases New Long-Range Shipbuilding Strategy Read More
China will raise its defense budget topline by 7.2 percent for 2024 as per a government announcement on March 5 during the second annual session of the 14th National People’s …
China Set to Increase Military Budget by 7.2 Percent Read More
A U.S. defense budget reform commission has called for sweeping changes to the Pentagon’s budget process to allow the Department of Defense to respond more rapidly to dynamic national security …
Pentagon Budget Reform Commission Calls for a More Flexible and Agile Budget Process Read More
The Russian military has begun receiving serially-produced T-14 Armata main battle tanks, Rostec CEO Sergei Chemezov said in an interview with Russian state media, but likely will not deploy them …
Chemezov Casts Doubt on T-14 Armata Deployment in Ukraine Read More
U.S. lawmakers passed yet another stopgap spending bill that would avert a partial government shutdown this weekend. The deadline to pass a final FY24 budget was pushed to March 8 …
Congress Delays FY24 DoD Budget Again, Raising Fears of a Year-Long Continuing Resolution Read More
The U.S. is facing yet another potential government shutdown at the end of the week. The government is already operating under its third continuing resolution of the year, which keeps …
Another Budget Deadline Approaches in Washington Read More
Azerbaijan’s Air Force may be taking steps to fill a long-standing requirement for fighter aircraft. On February 22, Azernews reported that Azerbaijan’s Air Force inked a $1.6 billion deal with …
Azerbaijan JF-17 Rumors Resurface Read More
U.S. Air Force leaders unveiled an extensive effort to reshape the Air Force and Space Force to make them more competitive and capable of competing in the era of Great …
U.S. Air Force Unveils Major Changes to Outpace Future Threats Read More