A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Following a multiyear modernization effort, the Russian military is able to provide for Russia’s security, even with some recent cuts to the defense budget. The military has passed the “peak …
Putin: Defense Spending Cuts Won’t Affect Russian Security Read More
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