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Pentagon CFO Estimates $25 Billion Cost for Iran War at House Hearing
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Defense·4/29/2026AI summary

Pentagon CFO Estimates $25 Billion Cost for Iran War at House Hearing

At a House Armed Services Committee hearing, Pentagon CFO Jules Hurst III offered the first official estimate of the cost of the war in Iran at US$25 billion, most of which went to ammunition, with funds also allocated for operations and equipment upgrades. Defense Secretary Hegseth, a former Fox News host, sparked controversy by calling congressional Democrats and some Republicans the biggest adversary.

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SCMP Economy
US Military Requests $1.5 Trillion Budget with Record $74 Billion for Drone Warfare
Developing
Defense·4/21/2026AI summary

US Military Requests $1.5 Trillion Budget with Record $74 Billion for Drone Warfare

The US military is requesting $1.5 trillion for FY2027, including $53.6 billion for drone production and procurement under the Defense Autonomous Warfare Group and $20.6 billion for one-way attack drones through the Air Force's Collaborative Combat Aircraft program. The total of approximately $74 billion for drone and autonomous warfare technologies represents the largest such investment in US history, exceeding the entire defense budgets of most countries and ranking among the top 10 in military spending worldwide.

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Ars Technica