A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
With its latest budgetary earmark announced on February 1, India’s defense establishment can expect another year of limited military modernization. The FY25-26 allocation is set at INR6.81 trillion ($77.8 billion), …
India’s Defense Budget Rise Insufficient to Meet Strategic Requirements Read More
U.S. lawmakers released the final version of the FY25 National Defense Authorization Act (NDAA) this past Saturday, omitting a significant funding boost recommended by the Senate Armed Services Committee earlier …
Defense Authorization Bill Abandons Senate’s Proposed Topline Increase 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
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
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
President Joe Biden said he would veto a proposed House defense spending bill if it were to be put on his desk in its current form. The House defense appropriations …
White House Cites Multiyear Munitions Buys in Veto Threat of House Appropriations Bill Read More
The Polish draft budget for FY24 released by the Ministry of Finance indicates a sharp year-on-year increase for the country’s defense budget. The proposed earmark reflects a rise from the …
Poland Proposes Double-Digit 2024 Budgetary Increase for Defense Read More
The South Korean government has approved a Defense Ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget …
South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget Read More
The White House is seeking $24 billion in additional funding to support Ukraine for the first few months of the 2024 fiscal year. That funding is part of a broader …
White House Requests $13.1 Billion in New Military Aid for Ukraine Read More
In June, after months of speculation, Kyiv launched its much-awaited counter-offensive against the Russian military, aiming to break the impasse that settled over the conflict through the winter and spring …
Russian Wartime Defense Spending Balloons Read More