A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Massive federal deficits, exacerbated by the COVID-19 crisis, have raised serious questions about the future of U.S. defense spending. Even before the pandemic hit the U.S., the Pentagon’s $705.4 …
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The Senate Armed Services Committee passed its version of the FY21 defense authorization bill on June 10 by a vote of 25-2. The legislation authorizes $740.5 billion in defense spending …
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The House Armed Services Committee announced its markup schedule for the FY21 defense authorization bill. The full committee markup is scheduled for Wednesday, July 1. The Subcommittee on Intelligence and …
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The U.S. Senate Armed Services Committee has announced its schedule for marking up the Pentagon’s FY21 budget request, which was released back in February. The full committee markup will take …
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Marine Corps officials have outlined foundational force structure adjustments in preparation for conflicts in the years ahead, and the service’s latest budget request scales back a handful of acquisition programs …
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The U.S. Navy has modified its Large Unmanned Surface Vessel (LUSV) acquisition plans. Last year, the service said it would begin buying two LUSVs per year starting in FY21. Those …
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A budget agreement has been reached that will adjust federal spending limits in FY20 and FY21, providing the Department of Defense with budget stability for the next two years. The …
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