A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
On June 13, the Senate Armed Services Committee (SASC) voted 22-3 to advance its version of the National Defense Authorization Act (NDAA) to the Senate floor. Set against a backdrop …
Senate Armed Services Committee Recommends Exceeding Defense Spending Caps by $25 Billion Read More
The House Appropriations Defense Subcommittee signed off on a draft of the FY25 defense appropriations bill this week, setting the stage for consideration by the full committee and eventually the …
Draft House Spending Bill Would Reduce Procurement, Increase Investment in Research & Development 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
A U.S. defense budget reform commission has called for sweeping changes to the Pentagon’s budget process to allow the Department of Defense to respond more rapidly to dynamic national security …
Pentagon Budget Reform Commission Calls for a More Flexible and Agile Budget Process 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
The U.S. Senate released a proposed $118 billion national security supplemental spending bill, stemming from the administration’s request last fall for new funding to support Ukraine, Israel, Taiwan, and U.S. …
U.S. Military Aid Bill Faces Hurdles in Congress 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
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