A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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 Biden administration announced a new $175 million security assistance package for Ukraine, representing the forty-sixth drawdown of donated equipment from U.S. stocks since August 2021. The U.S. has provided …
New $175 Million Security Assistance Package for Ukraine Includes Depleted Uranium Tank Ammo 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
The leaders of the Senate Appropriations Committee reached an agreement to add $8 billion to the FY24 defense budget, using emergency spending authority to bypass spending limits put in place …
Senate Appropriators Agree to Bypass Spending Limits, Add $8 Billion for Defense Read More
The House’s recent version of the FY24 defense appropriations bill provided a lifeline for the alternate engine being developed for the F-35, but the legislation doesn’t foresee actually using the …
House Bill Keeps Alternate F-35 Engine Afloat, but Only for Research Purposes 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
The FY24 budget request (PB24) changed significantly from projections in last year’s spending plan (PB23), for a variety of reasons. Some programs were increased in scope, some were scaled back, …
Biggest Gains and Losses in the Pentagon’s FY24 Budget 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 More
The new debt ceiling and spending agreement reached by President Joe Biden and House Speaker Kevin McCarthy has major implications for Pentagon spending and acquisition programs for at least the …
Implications of the Debt Agreement for Pentagon Spending and Acquisition Read More
The Royal Canadian Navy is pushing the government to support a program to build up to 12 new submarines, according to a report from the Ottawa Citizen. The government is …
Royal Canadian Navy Wants 12 New Submarines Read More