The invention aims to provide a foldable extensile suspension arm which comprises a substrate, a main arm, a main arm draw bar, a front arm, a front arm draw bar, a joint, a connecting block, a first hydraulic cylinder and a second hydraulic cylinder, wherein two ends of the main arm and the main arm draw bar are respectively connected with the substrate and the joint through respective shafts; the main arm, the main arm draw bar, the substrate and the joint form a parallel four-bar linkage mechanism; two ends of the first hydraulic cylinder are respectively connected with the substrate and the main arm; two ends of the front arm and the main arm draw bar are respectively connected with the joint and the connecting block by respective shafts; the front arm, the front arm draw bar, the joint and the connecting block form a parallel four-bar linkage mechanism; and two ends of the second hydraulic cylinder are respectively connected with the joint and the front arm. According to the two sections of mechanical arms and one section of telescoping mechanism proposed by the foldable extensile suspension arm, the length of the suspension arm can be determined as required, the requirement of the overlong arm can be realized, and meanwhile, the foldable extensile suspension arm is convenient to fold, the transportation and storage space is greatly reduced, and the safety of a mother ship is improved.