A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
U.S. Congressional defense committees have been hard at work marking up their versions of FY24 defense legislation. Thus far, we’ve seen drafts released from the House Armed Services Committee and …
FY24 Congressional Budget Markup Process in Full Swing Read More
The FY24 budget request (PB24) changed significantly from projections in last year’s spending plan (PB23), for a variety of reasons. Some programs were increased in scope, some were scaled back, …
Biggest Gains and Losses in the Pentagon’s FY24 Budget Read More
The ink hasn’t dried on the debt deal that placed limits on defense spending, but lawmakers are already discussing potential workarounds to add more funding to the Pentagon’s coffers in …
Lawmakers Already Eyeing Debt Limit Workarounds to Boost Defense Budget Read More
The new debt ceiling and spending agreement reached by President Joe Biden and House Speaker Kevin McCarthy has major implications for Pentagon spending and acquisition programs for at least the …
Implications of the Debt Agreement for Pentagon Spending and Acquisition Read More
The Royal Canadian Navy is pushing the government to support a program to build up to 12 new submarines, according to a report from the Ottawa Citizen. The government is …
Royal Canadian Navy Wants 12 New Submarines Read More
The Department of Defense has announced a new security assistance package for Ukraine worth $2.6 billion. The aid package is split up into two parts. The first is a $500 …
U.S. Announces $2.6 Billion in Security Assistance as Ukraine Prepares for Counteroffensive Read More
The Canadian government has submitted a letter of request through the United States government’s Foreign Military Sales for the potential procurement of up to 16 Boeing P-8A Poseidon maritime patrol …
Canada Moves a Step Closer to Buying P-8A Maritime Patrol Aircraft Read More
Canadian Defence Minister Anita Anand recently traveled to the U.S. to meet with Boeing officials to discuss military programs, and reports suggest topics included the potential sale of 14 P-8A …
Canada Considering P-8A Purchase from Boeing Read More
The war in Ukraine has had a significant impact on U.S. munitions stockpiles, and lawmakers are taking action to make it easier for the Pentagon to replenish those munitions. Washington …
Congress Gives Go-Ahead for Multiyear Munitions Buys Read More
The FY23 National Defense Authorization Act released by Congress this week recommends adding $4.7 billion to the FY23 budget for Navy shipbuilding programs, which would lift the shipbuilding account to …
Defense Policy Bill Adds Third Destroyer, Boosts Amphib Funding Read More