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Iran and US hit tankers in biggest wave of attacks on shipping since war began
Recent attacks by the U.S. and Iran have shattered a month of relative calm, with both hitting military, shipping and energy assets.
By Enas Alashray, Idrees Ali and Jana Choukeir, Reuters
US awards Raytheon $22.9 billion deal to boost Tomahawk output
The U.S. military, scrambling to rebuild depleted stocks of high-tech weaponry, awarded Raytheon $22.9 billion to dramatically boost Tomahawk production.
By Mike Stone and David Ljunggren, Reuters
Pentagon inks deals with Boeing, RTX to boost production of SM-3 components
The Pentagon signed seven-year framework agreements Friday with Boeing and RTX to expand production of critical components for the Standard Missile-3.
US used ‘virtually all’ long-range precision missiles during Iran war, sources say
The U.S. Army has reportedly used up much of its stockpile of highly accurate long-range missiles during America's five-month war with Iran.
By Reuters
Pentagon calls for cheaper long-range strike weapons, with testing in just 3 months
The Pentagon is seeking long-range weapons that cost less than $250,000 each and can be ready for demonstration within three months.
By Michael Peck