A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Ukrainian defense budget will increase next year. In a statement this week, Ukrainian Defense Minister Andriy Zahorodniuk said that the combined defense and security budget for 2020 will total …
Ukraine Plans Defense Budget Growth Read More
Justin Trudeau will remain Canada’s prime minister following the latest national elections, but his Liberal Party lost seats and will move forward in a minority government. Back in 2015, the …
Canada’s Justin Trudeau Remains in Power, but Fails to Secure Majority Government Read More
Sweden’s Social Democrat-Green Party minority government is planning to plow SEK20 billion ($2 billion) into defense between 2022 and 2025. The government, led by Prime Minister Stefan Lofven, intends to …
Sweden Plans $2 Billion in Extra Defense Spending from 2022-2025 Read More
Thailand’s government has given its stamp of approval to a defense budget proposal for 2020 that will see topline spending rise to THB233.35 billion ($7.6 billion). The draft figure marks …
Thai Government Approves Defense Budget Draft for 2020 Read More
The House passed its version of the FY20 defense authorization bill along party lines by a vote of 220-197. The bill provides a $733 billion topline for national security programs, …
House Passes Defense Policy Bill 220-197 Read More
The U.S. Senate passed the National Defense Authorization Act for Fiscal Year 2020 on June 27 with a bipartisan vote of 86-8. The Senate-passed bill supports a total of $750 …
Senate Passes FY20 Defense Authorization Bill Read More The U.S. House of Representatives passed a $985 billion federal appropriations package containing four separate spending bills, including a defense bill that would fund national security efforts at $17 billion …
House Passes Defense Appropriations Bill Read More
House Armed Services Committee Chairman Adam Smith (D-Wash.) has outlined a proposed $733 national security budget for the 2020 fiscal year, falling $17 billion short of the president’s request of …
House Armed Services Committee Chairman Proposes $733 Billion Defense Bill Read More
The Pakistani military may accept a defense spending cut in the coming budget, due to be unveiled later this month. In a statement, Prime Minister Imran Khan indicated that the …
Pakistan Considering Defense Spending Cut for Upcoming Budget Read More Subcommittees within the House Armed Services Committee have released their proposals for the FY20 defense authorization bill. The subcommittees will meet this week to conduct markups of these proposals. Click …
House Armed Services Subcommittees Release FY20 Proposals Read More