A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Justin Trudeau will remain Canada’s prime minister following the latest national elections, but his Liberal Party lost seats and will move forward in a minority government. Back in 2015, the …
Canada’s Justin Trudeau Remains in Power, but Fails to Secure Majority Government Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. On June 5, the Danish Social Democratic Party and its supporting faction of social-liberal and left-wing parties won a majority of seats …
Liberal Government Defeat in Danish General Election Unlikely to Alter Defense Spending Plans Read More
The House Appropriations Committee has released a draft version of the FY20 defense appropriations bill. The bill passed the House Appropriations Subcommittee on Defense by voice vote, and heads to …
House Appropriations Committee Releases Fiscal Year 2020 Defense Funding Bill Read More The Air Force’s FY20 budget request totals $204.8 billion, reflecting a 5.4 percent increase over the $194.3 billion provided for the service in FY19. However, it is important to remember …
FY20 Budget Overview, Part 3: Air Force Programs Read More
The Pentagon has laid out a $205.6 billion budget for the Navy in FY20, an increase of around 5.1 percent compared to the FY19 enacted level of $195.6 billion. Mirroring …
FY20 Budget Overview, Part 2: Navy Programs Read More The U.S. Army is seeking $182.3 billion in its FY20 budget request, up from $179 billion enacted by Congress in FY19. Compared to the FY19 enacted level, the service wants …
FY20 Budget Overview, Part 1: Army Programs Read More
The Pentagon requested $718.3 billion in discretionary funding in FY20, which is 4.9 percent above the FY19 enacted level, or around 2.8 percent real growth after inflation. The White House …
FY20 Budget Leaves Future Topline Growth Largely Unchanged, but Modifies Acquisition Spending Plans Read More
The anger of the Trump administration over European allies NATO expenditures appears to have had an effect, helping to push Thales results higher. After years of reduced defense spending …
Thales Benefits from Increased Defense Spending as it Wraps Gemalto Deal Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. Greece might find itself joining the field of F-35 operators in the not-so-distant future as part of a larger effort to improve …
Greece Contemplates F-35 Acquisition to Replace Oldest F-16s Read More
U.S. Army officials have identified around $31 billion worth of funding adjustments over multiple years in order to support the service’s top six modernization priorities. Earlier this year, the service …
U.S. Army Eyes $31 Billion Funding Shift to Bolster Top Modernization Programs and Readiness Read More