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October 4, 2023
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Defense Security Monitor

Defense Security Monitor

A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.

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Asia

Asia / Defense / Region

South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget

August 29, 2023September 1, 2023 - by Daniel Darling

The South Korean government has approved a Defense Ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget …

South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget Read More
Asia / Featured / Geopolitics / Region

Sri Lanka Announces Major Cut to Armed Forces

January 17, 2023January 17, 2023 - by Daniel Darling

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
Asia / Geopolitics

China Plans Defense Budget Increase of Over 7 Percent for 2022

March 7, 2022March 7, 2022 - by Daniel Darling

With global tensions continuing to heat up, the Chinese government has announced its intention to increase its defense budget by 7.1 percent year-on-year for 2022. The official topline figure will …

China Plans Defense Budget Increase of Over 7 Percent for 2022 Read More
Asia / Land Systems

Uzbekistan Displays New Military Vehicles

January 14, 2021January 14, 2021 - by Derek Bisaccio

Uzbekistan’s defense industry recently showed off new military vehicles entering production. During President Shavkat Mirziyoyev’s visit to the Academy of the Armed Forces of Uzbekistan on January 12, the president …

Uzbekistan Displays New Military Vehicles Read More
Asia / Featured / Geopolitics / Region

Taiwan Cleared for $1.8 Billion Worth of FMS Purchases

October 22, 2020October 22, 2020 - by Daniel Darling

Just a few weeks before the U.S. presidential election, the Trump administration has cleared yet another billion-plus-dollar Foreign Military Sales package for Taiwan. The latest FMS package involves three sales …

Taiwan Cleared for $1.8 Billion Worth of FMS Purchases Read More
Asia / Geopolitics / Region

Japan’s AEGIS Ashore Deployment Suspension Raises Questions

June 17, 2020June 17, 2020 - by Daniel Darling

Japan’s abrupt decision to suspend deployment of U.S.-produced AEGIS Ashore missile defense systems amid cost and technical concerns came as a bit of a surprise. Announced by Defense Minister Taro …

Japan’s AEGIS Ashore Deployment Suspension Raises Questions Read More
Asia / COVID-19 / Geopolitics / Region

Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget

June 3, 2020June 3, 2020 - by Daniel Darling

The South Korean government plans to trim around KRW300 billion ($245 million) from the country’s 2020 defense allocation in order to bolster its economic relief effort in light of the …

Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget Read More
Asia / Geopolitics

China’s Defense Budget Set to Grow at Slower Pace

May 26, 2020May 26, 2020 - by Daniel Darling

China has announced a defense budget for 2020 that will result in a year-on-year nominal increase of 6.6 percent, the lowest such figure since the first half of the 1990s. …

China’s Defense Budget Set to Grow at Slower Pace Read More
Asia / Military Aircraft

Turkmenistan Presumed to be M-346 Customer

May 26, 2020May 26, 2020 - by Derek Bisaccio

The Turkmen Air Force is believed to have placed an order for the M-346 jet trainer aircraft. Earlier this month, the Italian Ministry of Foreign Affairs reported to the Senate …

Turkmenistan Presumed to be M-346 Customer Read More
Asia / Geopolitics

Afghan Military Thwarts Taliban Attack on Kunduz

May 19, 2020May 20, 2020 - by Derek Bisaccio

Afghan security forces have repelled a Taliban attack on the northern city of Kunduz. In a statement on Tuesday, the Afghan Defense Ministry announced that an early morning attack on …

Afghan Military Thwarts Taliban Attack on Kunduz Read More

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International Military Markets

Forecast International’s International Military Markets service provides a country-by-country examination of the military capabilities, equipment requirements, and inventories of over 120 nations. The individual country reports are structured to condense a vast range of information into concise segments. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details).

Asia, Australia & Pacific Rim
Eurasia
Europe
Latin America & Caribbean
Middle East & Africa
North America

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