A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Global defense spending surged by 8.1% in 2024, reaching an unprecedented $2.3 trillion as governments worldwide respond to a rapidly evolving security landscape. From Eastern Europe to the Indo-Pacific, nations …
A New Era of Global Defense Spending: Key Trends and What’s Ahead Read More
In this final part of the Global Annual Defense Spending Snapshot series, Forecast International analysts examine defense spending trends in regions shaping 56% of the global landscape — Europe and …
Global Defense Spending Annual Part 4 – Europe & USA Read More
The Asia-Pacific region remains the most dynamic security environment globally. The war in Ukraine refocused nations on bolstering defenses, particularly against China’s growing military power. Countries like Japan and Taiwan …
Global Defense Spending Annual Part 2 – Asia & Eurasia Read More
Total global defense spending grew at its fastest pace in the last decade from 2022 to 2023, as governments respond to security crises unfolding around the world. Combined military …
Global Defense Spending Annual Snapshot – Part 1 Read More
The launch of Russia’s military invasion of Ukraine on February 24, 2022, represents a test for Europe. Will the comfortable, economically developed countries that formed the backbone of the European …
The Great European Defense Reset Now Begins Read More
Confronting an unfavorable fiscal picture unlikely to change in the short term, the Indian Navy is shrinking its procurement ambitions as it re-scopes future force goals. According to senior officials, …
Budgetary Pressures Induce Indian Navy Rethink Read Moreby Dan Darling, International Military Markets Analyst, Forecast International. In an about-face, Poland will scrap its planned $3 billion procurement of 50 helicopters from Airbus, according to a report published …
Poland’s PiS-Led Government Scraps $3 Billion Utility Helicopter Deal Read More
by Dan Darling, International Military Markets Analyst, Forecast International. As the crisis in Ukraine unfolded in 2014, risk perceptions stirred across the European continent. Defense policy reassessments skewed depending on …
Prioritization of Defense in Europe Depends upon Geography Read Moreby Dan Darling, International Military Markets Analyst, Forecast International. The Polish government has adopted a 2016 budgetary outline that would see the country’s year-on-year nominal defense budget rise by PLN2.876 …
Polish Defense Budget Set to Grow by Nearly 9 Percent in 2016 Read Moreby Shaun McDougall, International Military Markets Analyst, Forecast International. The U.S. Navy came out as the clear winner in the Senate Armed Services Committee’s markup of the FY16 defense authorization …
U.S. Navy the Clear Winner in Senate Armed Services Committee Markup Read More