A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The war in Ukraine has had a significant impact on U.S. munitions stockpiles, and lawmakers are taking action to make it easier for the Pentagon to replenish those munitions. Washington …
Congress Gives Go-Ahead for Multiyear Munitions Buys Read More
A mere week after the Brazilian Army selected the Iveco-Oto Melara Centauro II fire support vehicle as its preferred solution to fulfill its long-gestating 8×8 armored cavalry vehicle requirement, …
Brazilian Court Suspends Centauro Procurement Read More
The Brazilian Army has selected the Centauro II produced by a Leonardo and Iveco consortium to fulfill its requirement for armored vehicles. The contract is reportedly worth up to EUR2 …
Brazil Selects Italy’s Centauro as New 8×8 Armored Vehicle Read More
So far this year, four defense committees in Congress have put their own unique spin on the FY23 defense budget while taking the administration’s request and other funding recommendations into …
How FY23 Defense Legislation Will Impact DoD Acquisition Programs Read More
L3Harris Technologies and Air Tractor Inc’s AT-802U Sky Warden has prevailed in the U.S. Special Operations Command (SOCOM) Armed Overwatch program. The team’s AT-802U Sky Warden system was selected over …
L3Harris and Air Tractor Win $3 Billion Armed Overwatch Competition 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
The Senate Appropriations Committee released its version of the FY22 defense spending bill earlier this week. The committee recommends adding billions of dollars to the FY22 defense spending bill, mirroring …
Senate Recommends Additional Defense Spending in Draft FY22 Appropriations Bill Read More
The Senate Armed Services Committee filed its version of the FY22 defense authorization bill last week, providing additional insight into the details of the $25 billion defense boost recommended by …
Senate Panel Adds $16 Billion for Acquisition Programs Read More
Australia’s cancellation of its contract with France’s Naval Group for 12 Shortfin Barracuda class submarines (the Shortfin being a conventionally powered variant of the nuclear-powered Barracuda) in favor of …
Australia’s Surprise Decision and the Dynamics of the World Submarine Market Read More
U.S. Defense Secretary Mark Esper outlined plans to build a Navy fleet consisting of over 500 manned and unmanned ships by 2045. The planned fleet features a larger submarine component, …
Esper Charts Course for Future Navy Fleet Read More