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Iran war has cost $38 billion, depleted two-thirds of US missile interceptors, CBO says

The U.S. military has incurred about $38 billion in costs from combat operations against Iran, a new Congressional Budget Office analysis found.

By Natalie Oliverio

3 weeks ago

Iranian strikes damaged hundreds of US military buildings, dozens of aircraft

Iranian strikes have damaged hundreds of U.S. military and diplomatic buildings, as well as dozens of aircraft, a Pentagon watchdog said.

By Michael Peck

3 weeks ago

Boeing unveils cheap radar seeker built from off-the-shelf parts

Seekers are among the most expensive parts of a guided weapon, and Boeing’s argument is that their cost is what limits how many the military can buy.

By Michael Scanlon

8 weeks ago

Trump-class battleship program will cost $275 billion, CBO report says

The Congressional Budget Office estimates the Navy’s new Trump-class battleship program will cost $275 billion, with the first ship costing $23.4 billion.

By Claire Barrett

8 weeks ago

Here’s where the services stand in cutting PCS moves

Army officials announced they’re cutting more than 12,000 relocations in fiscal 2026 and more than 13,600 in fiscal 2027.

By Karen Jowers

3 months ago

Only 1 in 4 F-35s is fully mission capable, GAO finds

The F-35’s readiness rates continued to decline through fiscal 2025, with the fleet’s full mission capable rate falling to 25%, according to a GAO report.

By Michael Scanlon

4 months ago