A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Pentagon is undertaking a sweeping review of military spending that could potentially realign tens of billions of dollars per year to higher-priority programs. The effort, spearheaded by Defense Secretary …
Pentagon Launches Sweeping Defense Spending Review Read More
The FY25 National Defense Authorization Act (NDAA), signed into law in December, sidestepped calls from some lawmakers for the policy bill to increase the Pentagon’s topline budget, but the legislation …
Key Takeaways from the FY25 National Defense Authorization Act Read More
Donald Trump’s return to the White House, coupled with Republican control of Congress, is set to reshape U.S. defense policy. While many defense modernization programs will remain on track, a …
What Trump’s Second Term Could Mean for U.S. Defense Policy Read More
Aircraft and combat vehicles were among the big winners of the final FY24 defense appropriations bill, while spending on missiles and space programs saw a decline compared to the administrator’s …
Aircraft and Combat Vehicles Drive Growth in Pentagon’s FY24 Spending Bill Read More
Canada issued a new defense policy that calls for an increase in defense spending for new equipment and to bolster the military’s presence in the Arctic and abroad. However, the policy …
New Canadian Defense Policy Promises Increased Spending but Leaves Some Questions Unanswered Read More
Australian shipbuilding giant Austal shot down a takeover offer worth $662 million from South Korea’s Hanwha Ocean. The deal was deemed unlikely to gain approval from regulators due to Austal’s …
Defense Contract Concerns Sink Hanwha Ocean’s Bid for Austal 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
As part of an effort to expand its operations in Romania and Europe overall, Rheinmetall is acquiring a controlling stake in Romanian vehicle maker Automecanica Mediaș. The announcement follows an …
Rheinmetall Acquires Majority Stake In Romanian Military Vehicle Maker Read More
To say the U.S. FY24 budget process has been tumultuous would be an understatement. In addition to the commonplace continuing resolutions that are needed to avoid shutdowns when Congress is …
A Preview of FY24 U.S. Congressional Defense Budget Negotiations Read More