AGP Executive Report
Last update: an hour agoWar Costs: The Pentagon says the U.S. war with Iran has cost $47.1 billion through October 16, with about $29 billion spent replacing munitions. Missile Production: The U.S. and Japan agreed to establish a Japanese plant for advanced air-to-air missiles used by F-35s, deepening joint defense production amid regional tensions. Aerospace Investment: Rolls-Royce and the UK government unveiled a 10-year, £2.5 billion program for gas-turbine research and manufacturing, supporting civil and defense aerospace capabilities. Drone Testing: The U.S. Army opened two Indiana National Guard sites to commercial developers testing drones and counter-drone systems, aiming to speed adoption. Industrial Expansion: Nigeria says it plans to begin mass production of military hardware within a year, while the UK has pledged to raise defense spending to 3% of GDP by 2030.
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