A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Massive federal deficits, exacerbated by the COVID-19 crisis, have raised serious questions about the future of U.S. defense spending. Even before the pandemic hit the U.S., the Pentagon’s $705.4 …
Navigating the DoD Acquisition Budget During Uncertain Times Read More
The Senate Armed Services Committee passed its version of the FY21 defense authorization bill on June 10 by a vote of 25-2. The legislation authorizes $740.5 billion in defense spending …
Senate Bill Addresses Pacific Deterrence, Legacy Aircraft Retirements, and GPS Interference Read More
The House Armed Services Committee announced its markup schedule for the FY21 defense authorization bill. The full committee markup is scheduled for Wednesday, July 1. The Subcommittee on Intelligence and …
House Armed Services Committee Schedules Defense Policy Bill Markup July 1 Read More
The U.S. Senate Armed Services Committee has announced its schedule for marking up the Pentagon’s FY21 budget request, which was released back in February. The full committee markup will take …
Senate Armed Services Committee Announces Budget Markup Schedule Read More
Congress has repealed a requirement for the U.S. Air Force to develop a conventional variant of the Long-Range Standoff (LRSO) air-launched cruise missile. A nuclear LRSO is currently under development …
Congress Repeals Requirement for Conventional Long-Range Standoff Weapon Read More
A new defense policy bill Congress released this week gives the green light to establishing a new Space Force as the sixth Armed Service of the U.S. The new service will fall …
U.S. Defense Policy Bill Establishes Space Force Read More
The Senate passed a continuing resolution on September 26 by a vote of 82-15. The House already passed the bill on September 19 by a vote of 301-123. The bill …
Senate Delivers Continuing Resolution to President’s Desk Read More
The Senate Appropriations Subcommittee on Defense advanced its FY20 funding bill on September 10. The legislation provides $694.9 billion for the Department of Defense, which is $20.5 billion above the …
Senate Appropriations Defense Subcommittee Advances FY20 Funding Bill Read More
A budget agreement has been reached that will adjust federal spending limits in FY20 and FY21, providing the Department of Defense with budget stability for the next two years. The …
U.S. Budget Agreement Secures Defense Topline for Two Years Read More The House passed its version of the FY20 defense authorization bill along party lines by a vote of 220-197. The bill provides a $733 billion topline for national security programs, …
House Passes Defense Policy Bill 220-197 Read More