A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Falcon 9 launches the GPS III Space Vehicle 05 mission from Space Launch Complex 40 at Cape Canaveral Space Force Station, Florida, June 17, 2021. The Space Force finds itself …
Space Force Faces Disruptions Under Stopgap Spending Bill 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 Department of Defense once again finds itself operating at reduced funding levels due to a continuing resolution (CR) enacted at the start of the 2024 fiscal year. A CR …
U.S. Navy Shipbuilding Programs Impacted by Continuing Resolution Read More
Forecast International has launched a free U.S. Defense Budget Spotlight dashboard to provide a glimpse into the FY24 congressional budget cycle and reveal how defense committee proposals will impact Pentagon …
Forecast International’s U.S. Defense Budget Spotlight Read More
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