THAAD moves at the frontier of U.S. missile defense—deployable to counter short- and intermediate-range ballistic missiles.
The White House has requested $87.6 billion in supplemental spending, primarily to replenish Pentagon munitions and operational costs tied to the Iran war, and to fund farm aid, Ebola response and domestic projects. OMB Director Russell Vought has urged Congress to act quickly; lawmakers in both parties are questioning whether to approve tens of billions more for the conflict.
The US has intensified strikes against Iran as defense stocks remain depleted. A Pennsylvania defense summit highlights vulnerabilities in the supply chain, with officials urging faster production and greater resilience as regional conflicts escalate.
Trump is rallying defense leaders and investors in Carlisle, Pennsylvania, to spotlight a robust defense budget and U.S. industrial ties amid concerns over war funding, inflation, and a volatile security landscape. The event features top defense officials and corporate leaders as Republicans push for greater investment while critics warn of deficits.
Defense Secretary Pete Hegseth has told the Senate Appropriations Committee the US-Israel war on Iran has cost $37.5bn so far and that the Pentagon needs an $87bn supplemental request, including about $67bn for the Iran campaign. Lawmakers have challenged the figures, criticised shifting rationales for the conflict and warned funding gaps will force cuts to training and readiness.
Tensions in the Strait of Hormuz have intensified as US and Iranian strikes resume, targeting military and shipping assets across Iran, Kuwait, Jordan and Bahrain. Iran claims attacks on US bases and allied facilities; CENTCOM reports strikes aimed at degrading Iran’s ability to threaten commercial shipping. Oil markets react to the disruption.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
The United States is nearing depletion of long-range missiles, with ATACMS and PrSM stocks reportedly nearly exhausted. Officials warn this could constrain deterrence and affect future military options, even as production ramps up. White House and defense voices insist the arsenal remains formidable.
Ukraine has limited Patriot defenses to counter ballistic missiles from Russia, leaving cities exposed as Iskander-M, Kinzhal and Zircon threats press the timetable for interceptors. Kyiv says more batteries are needed to shield urban centers amid ongoing battles and supply constraints.
The US has ongoing shortages of long‑range missiles and interceptors amid the Iran war. Authorities are replenishing stockpiles, ramping up production, and monitoring ally readiness as munitions levels remain stressed. Multiple outlets report depleted Patriot and THAAD interceptors and widespread use of ATACMS, PrSM, Tomahawks, and other missiles.
The Pentagon has urged defense firms to dramatically speed up production to replenish reduced stockpiles amid ongoing tensions with Iran. Feinberg has called for plans within 21 days to boost capacity, signaling a push to rebuild the defense industrial base as Congress debates funding.