US-Iran Tensions: The Pentagon and CENTCOM reported fresh defensive strikes after downing Iranian one-way attack drones near the Strait of Hormuz, as Trump said Tehran is “negotiating on fumes,” while oil prices jumped on renewed risk. Readiness & Stockpiles: A new analysis warns the US may need years to replenish depleted Tomahawk, Patriot and THAAD inventories, raising concerns about a future Western Pacific fight. Pentagon IT Consolidation: Dell won a ~$9.7B five-year deal to consolidate Microsoft licensing across the Defense Department, intelligence community and Coast Guard, aiming to cut duplicative spending. Military Space Networking: SpaceX secured a $2.29B Space Force contract for the Space Data Network SDN Backbone, targeting resilient, low-latency links for sensors and missile defense. Cyber Defense Tech: Google Cloud launched AI Threat Defense to monitor, detect and prioritize AI-driven cyberattacks faster than human teams. PFAS Legal Fallout: Australia filed its largest-ever lawsuit against 3M for “forever chemical” contamination from firefighting foam at 28 defense bases, seeking over A$2B. Armenia Parade & Procurement: Yerevan held Republic Day with new displays of systems from Russia, India, France, Iran, China and others, including first-time public showings. Aviation & Maritime Industry: Royal Thai Navy acquired Airbus C295s; Australia’s Saturn FE and CFS signed a defense-focused maritime partnership to boost sovereign sustainment capacity. EU Air Defense Integration: Von der Leyen confirmed Ukraine’s full integration into EU air defense and drone/counter-drone programs.