Topic
US Budget
3 stories related to this topic, newest first.
New York Postbusiness40 days ago
Estimated Cost of US War in Iran Rises to $29 Billion
A senior Pentagon official told a House subcommittee Tuesday that the estimated cost of the war in Iran has increased to $29 billion from a previous $25 billion figure reported at the end of April. The update came during a hearing on President Trump’s $1.5 trillion budget request…
ecns.cnworld58 days ago
U.S. Defense Department Seeks to Replenish Depleted Weapons Stocks
The U.S. Defense Department is working to restock weapons and munitions depleted by recent military actions and commitments. This effort follows the U.S. involvement in the conflict with Iran and support to other countries including Ukraine. Defense contractors are receiving bill…
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insidermonkey.comfinance58 days ago
U.S. Defense Contractors Report Record Backlogs Amid Increased Military Spending
U.S. defense companies are experiencing significant order backlogs due to record military spending and restocking needs from recent conflicts. The Defense Department has allocated $901 billion for 2026 and requested $1.5 trillion for 2027. Additional funding requests related to t…