A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Congress has passed the third continuing resolution of the 2024 fiscal year, which will keep the government operating at FY23 levels until lawmakers are able to finalize a complete budget …
Congress Extends Pentagon Budget Deadline to March 8 Read More
Budget delays persist in Washington, and lawmakers are now working on a third stopgap spending measure to prevent a partial government shutdown Friday. A new continuing resolution was unveiled Sunday …
U.S. Defense Spending Bill Faces Additional Delays Read More
The Chairman of the Joint Chiefs of Staff has warned Congress of the damage a full-year continuing resolution would have on the U.S. military. The military has been operating at …
Joint Chiefs Chairman Urges Congress to Avoid a Full-Year Continuing Resolution Read More
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