A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The White House made headlines recently by declaring its FY26 defense budget request would break the trillion-dollar mark, but the president’s claims don’t quite hold up to scrutiny. While the …
A Trillion-Dollar Defense Budget That Isn’t Read More
In a break from tradition, Congress passed a full-year continuing resolution (CR) to fund the Department of Defense for Fiscal Year 2025, a move that provides new-start authority but hinders …
Congress Scales Back Ambitions in Final FY25 Defense Deal Read More
The Pentagon is undertaking a sweeping review of military spending that could potentially realign tens of billions of dollars per year to higher-priority programs. The effort, spearheaded by Defense Secretary …
Pentagon Launches Sweeping Defense Spending Review Read More
The FY25 National Defense Authorization Act (NDAA), signed into law in December, sidestepped calls from some lawmakers for the policy bill to increase the Pentagon’s topline budget, but the legislation …
Key Takeaways from the FY25 National Defense Authorization Act Read More
Donald Trump’s return to the White House, coupled with Republican control of Congress, is set to reshape U.S. defense policy. While many defense modernization programs will remain on track, a …
What Trump’s Second Term Could Mean for U.S. Defense Policy Read More
Aircraft and combat vehicles were among the big winners of the final FY24 defense appropriations bill, while spending on missiles and space programs saw a decline compared to the administrator’s …
Aircraft and Combat Vehicles Drive Growth in Pentagon’s FY24 Spending Bill Read More
Canada issued a new defense policy that calls for an increase in defense spending for new equipment and to bolster the military’s presence in the Arctic and abroad. However, the policy …
New Canadian Defense Policy Promises Increased Spending but Leaves Some Questions Unanswered Read More
Australian shipbuilding giant Austal shot down a takeover offer worth $662 million from South Korea’s Hanwha Ocean. The deal was deemed unlikely to gain approval from regulators due to Austal’s …
Defense Contract Concerns Sink Hanwha Ocean’s Bid for Austal Read More
U.S. lawmakers passed yet another stopgap spending bill that would avert a partial government shutdown this weekend. The deadline to pass a final FY24 budget was pushed to March 8 …
Congress Delays FY24 DoD Budget Again, Raising Fears of a Year-Long Continuing Resolution Read More
The U.S. is facing yet another potential government shutdown at the end of the week. The government is already operating under its third continuing resolution of the year, which keeps …
Another Budget Deadline Approaches in Washington Read More