A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
So far this year, four defense committees in Congress have put their own unique spin on the FY23 defense budget while taking the administration’s request and other funding recommendations into …
How FY23 Defense Legislation Will Impact DoD Acquisition Programs Read More
L3Harris Technologies and Air Tractor Inc’s AT-802U Sky Warden has prevailed in the U.S. Special Operations Command (SOCOM) Armed Overwatch program. The team’s AT-802U Sky Warden system was selected over …
L3Harris and Air Tractor Win $3 Billion Armed Overwatch Competition Read More
On Monday, the Biden administration will request an $813.3 billion national security budget, which includes $773 billion for the Pentagon plus funding for nuclear programs in the Department of Energy …
White House Seeking $813.3 Billion for National Security in FY23 Read More
The Senate Appropriations Committee released its version of the FY22 defense spending bill earlier this week. The committee recommends adding billions of dollars to the FY22 defense spending bill, mirroring …
Senate Recommends Additional Defense Spending in Draft FY22 Appropriations Bill Read More
The Senate Armed Services Committee filed its version of the FY22 defense authorization bill last week, providing additional insight into the details of the $25 billion defense boost recommended by …
Senate Panel Adds $16 Billion for Acquisition Programs Read More
Australia’s cancellation of its contract with France’s Naval Group for 12 Shortfin Barracuda class submarines (the Shortfin being a conventionally powered variant of the nuclear-powered Barracuda) in favor of …
Australia’s Surprise Decision and the Dynamics of the World Submarine Market Read More
U.S. Defense Secretary Mark Esper outlined plans to build a Navy fleet consisting of over 500 manned and unmanned ships by 2045. The planned fleet features a larger submarine component, …
Esper Charts Course for Future Navy Fleet Read More
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 …
Navigating the DoD Acquisition Budget During Uncertain Times Read More
The Ukrainian military is looking to procure new fighter jets and surface-to-air missiles over the coming years. In the Air Force Vision 2035 document, recently approved by the Military Council …
Ukraine Plans Air Force Overhaul Read More
Emergence of the novel coronavirus COVID-19 has upended the global economic outlook for the upcoming year. Governments around the world have been forced to reassess their budgets and enact new …
Oil Salvoes Put Further Pressure on Saudi Defense Budget Read MoreSign up for the latest blog posts and products sent straight to your inbox.