A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Momentum is growing in Washington for a year-long continuing resolution (CR) that would run through the remainder of FY25, which ends September 30. FY25 began on October 1, 2024, but …
Momentum Grows for Year-Long Continuing Resolution Read More
Congress has passed the third continuing resolution of the 2024 fiscal year, which will keep the government operating at FY23 levels until lawmakers are able to finalize a complete budget …
Congress Extends Pentagon Budget Deadline to March 8 Read More
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 …
U.S. Budget Agreement Secures Defense Topline for Two Years 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
Congress has yet to reach an agreement on federal spending limits for the next two years, despite the fact that the House Appropriations Committee has already passed its version of …
Budget Agreement Remains Elusive as Defense Committees Move Forward on FY20 Legislation Read More As a result of the U.S. government shutdown, the U.S. defense budget will not be released next week as planned. Despite the fact that the 2019 defense budget was …
U.S. Defense Budget Request Delayed Read Moreby Shaun McDougall, Military Markets Analyst, Forecast International. President Donald Trump has called on department secretaries to deliver 5 percent cuts for their upcoming FY20 budget requests, opening the door for a …
Trump Opens the Door to Defense Spending Cuts as Sequestration Looms Read More
by Richard Pettibone, Forecast International. As the world’s largest defense contractor, Lockheed Martin has been restructuring its operations to deal with a global defense downturn and the effects of sequestration …
Lockheed Martin Adapts to the New Defense World Order Read More by Shaun McDougall, Forecast International. U.S. House Republicans have proposed an FY16 budget plan that would allow the Pentagon to sidestep sequestration spending caps by adding $39 billion to the …
U.S. House Budget Resolution Uses OCO Account as Back Door to Boost Defense Spending Read More