A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Confronted with a severe financial crisis, the government of Sri Lanka has announced plans to slash its armed forces over the course of the year in an effort to get …
Sri Lanka Announces Major Cut to Armed Forces Read More
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
Amidst a national atmosphere of pervasive public disillusionment and rising political atomization, peasant son and former labor activist Pedro Castillo arose from near anonymity in 2021 to surprise domestic and …
Gridlock to Golpe: Can Peru Break the Cycle? Read More
The FY23 National Defense Authorization Act released by Congress this week recommends adding $4.7 billion to the FY23 budget for Navy shipbuilding programs, which would lift the shipbuilding account to …
Defense Policy Bill Adds Third Destroyer, Boosts Amphib Funding 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
By Carter Palmer and Shaun McDougall Over the next five years, the U.S. Space Force plans to spend $100 billion on acquisition programs. Procurement only accounts for 23.1 percent of that total, …
These Five Programs Are Driving the Space Force’s Acquisition Budget Read More
The White House has asked Congress to approve an additional $37.7 billion in aid for Ukraine. The package includes $21.7 billion in security assistance that would flow through the Pentagon, …
White House Seeks Additional $38 Billion for Ukraine 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
The U.S. on Thursday announced a $675 million security assistance package for Ukraine, marking the 20th time the Biden administration has utilized drawdown authority to transfer existing U.S. equipment into …
U.S. Aid Continues to Flow into Ukraine Read More
Chief of Naval Operations Adm. Michael Gilday released a public version of his 2022 Navigation Plan (NAVPLAN) that includes details of the Navy’s desire for a fleet of 373 battle …
New Details Emerge about U.S. Navy’s Desired Fleet Size Read MoreSign up for the latest blog posts and products sent straight to your inbox.