A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
As the Trump administration intensifies its efforts to reshape the global economic landscape through tariffs and the creation of alternative supply chains, a critical vulnerability within the U.S. defense industry …
Tariffs and Retaliation: Exposing the U.S. Defense Industry’s Rare Earth Weakness Read More
“Now is the time to speak honestly so that every European understands what is at stake. A new international order will be formed in the second half of this decade …
Beyond Headlines: Europe’s Defense Dream vs. Reality Read More
The likely next chancellor of Germany, Friedrich Merz, announced on Friday, March 14, that he had secured enough votes to enable a massive new expenditure plan aimed at infrastructure and …
Germany’s Landmark Spending Deal Gets Approved – Now Comes the Lift Read More
Since returning to the White House, the Trump administration has voiced its desire for an Iron Dome for America that would, in essence, reprise for the U.S. what the …
A Backgrounder on Trump’s Golden Dome for America Read More
U.K. Prime Minister Keir Starmer made a surprise announcement to the House of Commons on February 25, outlining plans to increase the British defense budget to 2.5 percent per year …
Keir Starmer’s U.K. Defense Spending Pledge Comes with Asterisks Read More
When Germans went to the polls on Sunday, February 23, three main issues appeared to be weighing on the public: high energy costs, a lagging economy, and immigration. Further on …
Will the German Election Herald a New Chapter for its Defense? Read More
Greenland has been in the news a lot lately. The world’s largest island – and least densely populated region on earth – is home to under 60,000 people. Ice covers …
The Great Greenland Gambit Read More
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
On November 20, U.K. Defense Secretary John Healey announced a slate of decommissioning initiatives aimed at saving £500 million ($623 million) over five years. The equipment slated for retirement, the …
Ahead of Strategic Defense Review, UK Defense Secretary Announces Equipment Cuts Read More Britain’s Chancellor of the Exchequer, Rachel Reeves, has announced a £2.9 billion ($3.77 billion) hike for the defense budget in fiscal year 2025-2026. The announcement came as the chancellor presented …
Labor Government Pledges More Funding Next Year for U.K. Defense, But Hard Questions Await Read More