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OtherIranUnited States

According to a Pentagon breakdown given to Congress, the Iran war has cost $43.6 billion through September 3rd, with munitions accounting for $28.1 billion of that total. The Air Force spent $6.6 billion, the Navy $2.2 billion deploying carriers and warships, and the Army $1.6 billion, while more than 50,000 troops are assigned to the mission.

The figure excludes $1.5 billion in additional requested costs and repair expenses for damaged facilities, such as the Navy's base in Manama, Bahrain, which could add tens of billions more. Earlier estimates include the Congressional Budget Office putting the cost at $38 billion through August 1st and Secretary of War Pete Hegseth testifying in July that it had reached $37.5 billion.

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Happened
ChinaArms Trade

Sensitive F-35 fighter jet components, reportedly including a canopy containing stealth technology, ended up in Hong Kong during transit from Australia to the United States. The incident has triggered a congressional inquiry over potential exposure of sensitive technology. The Pentagon and Lockheed Martin are working to recover the parts and determine how they were diverted.

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IsraelUnited StatesNews/InformationArms Trade

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  • U.S. Defense Secretary Austin and his Israeli counterpart discussed deploying the THAAD missile defense system.
  • The meeting took place at the Pentagon

This discussion reflects the United States' unwavering commitment to Israel's defense, especially in times of heightened regional tensions, a Pentagon spokesperson said.

Background Info: The Terminal High Altitude Area Defense (THAAD) system is designed to intercept short, medium, and intermediate-range ballistic missiles. It plays a crucial role in missile defense by targeting threats both inside and outside the Earth’s atmosphere. U.S.-Israeli defense cooperation has a long history, especially following the 1970s. Israel already utilizes advanced U.S.-made defense systems like Iron Dome, and the potential THAAD deployment would further enhance its missile interception capabilities amid evolving regional security challenges.

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United StatesNews/InformationArms Trade

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June 28 (Reuters) - The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.

The contract covers 870 PAC-3 MSE missiles and associated hardware.

Lockheed is manufacturing the newest version of the interceptors that arm the Patriot, known as PAC-3 MSE, which cost about $4 million each, according to Army budget documents.

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United StatesNews/InformationArms Trade

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The company will provide JDAM tail kits and other supplies under the sole-source fixed-price, indefinite delivery/indefinite quantity contract, the Pentagon said Friday. The company will work on the kits, as well as spares, repairs, technical assistance and laser JDAM sensor kits, at its St Louis, Missouri, facility through the end of February 2030.

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