A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The start of the 2027 fiscal year is now less than two months away, and in typical fashion, the fate of the annual defense budget is in limbo. Three out …
How Congress Is Reshaping the Pentagon’s FY27 Spending Plans Read More
A recent $87.6 billion supplemental funding request from the White House to pay for the Iran war and other expenses complicates an already tense budget process in Washington. The supplemental …
Iran War Supplemental Deepens FY27 Budget Uncertainty 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
U.S. President Joe Biden has asked Congress to approve $106 billion worth of supplemental funding to aid Ukraine and Israel, and for other military and domestic needs. Nearly 60 percent …
Biden Administration Requests $106 Billion in Supplemental Funding for Ukraine, Israel, and Other Needs Read More
The ink hasn’t dried on the debt deal that placed limits on defense spending, but lawmakers are already discussing potential workarounds to add more funding to the Pentagon’s coffers in …
Lawmakers Already Eyeing Debt Limit Workarounds to Boost Defense Budget Read Moreby Shaun McDougall, Military Markets Analyst, Forecast International. The Pentagon’s FY17 budget was signed into law on May 5, more than halfway through the fiscal year. The legislation couldn’t come soon enough, …
Acquisition Programs Dominate Pentagon’s FY17 Spending Increase Read More