A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Swedish government has put forth a budget bill for fiscal year 2024 (FY24) that will drive defense spending up by 30 percent year-on-year and push the country towards the …
Eying NATO Membership, Swedish Government Proposes Defense Spending Hike 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
U.S. Congressional defense committees have been hard at work marking up their versions of FY24 defense legislation. Thus far, we’ve seen drafts released from the House Armed Services Committee and …
FY24 Congressional Budget Markup Process in Full Swing Read More
In what would prove to be yet another step in the process toward deepening Poland-South Korea defense ties, the Polish government is looking to join South Korea’s KF-21 Boramae combat …
Add the KF-21 Boramae to Poland’s South Korea Shopping Wish-List Read More
New Zealand has announced its intention to provide its armed forces with an NZD748 million ($471 million) top-up of investment over a four-year period, or roughly NZD187 million ($118 million) …
Amid Retention Woes, New Zealand Scrambles to Increase Defense Spending Read More
As 2022 draws to a close, the European defense environment has shifted as dramatically as at any time since the end of the Cold War. Beginning with the launch of …
The European Defense Environment Year in Review, and a Peek Ahead Read More
Canada can be added to the growing list of countries that have pledged to increase defense spending in the wake of Russia’s invasion of Ukraine. Ottawa released a 2022 budget …
Canada Outlines Plan to Increase Defense Spending and Conduct a New Defense Policy Review Read More
Finland’s five-party government has announced an agreement to supplement its defense budgetary outlays with an additional EUR2 billion ($2.19 billion) allocation. The agreement comes amidst a backdrop of Russia’s invasion …
Alarmed by Events in Ukraine, Finland Agrees to Defense Spending Top-Up Read More
Canada has selected the F-35 to replace its fleet of aging CF-18 Hornet fighters. On March 28, Public Services and Procurement Canada announced the government was entering contract negotiations with …
Canada Selects F-35 to Replace CF-18 Fleet…Again Read More
On Monday, the Biden administration will request an $813.3 billion national security budget, which includes $773 billion for the Pentagon plus funding for nuclear programs in the Department of Energy …
White House Seeking $813.3 Billion for National Security in FY23 Read More