Defense & Aerospace Report

Defense & Aerospace Report Podcast [Mar 29 ’26 Business Report]

The Defense & Aerospace Report podcast highlighted a fifth consecutive down week on Wall Street as the US‑Israel war on Iran escalates, driving energy prices and inflation higher. Iran’s strike reportedly destroyed a $500 million U.S. Air Force E‑3 AWACS aircraft and damaged additional platforms, while the U.S. has already launched over 800 Tomahawk cruise missiles in the conflict’s first month. Allies have expended $26 billion in precision weapons, prompting Washington to consider diverting weapons earmarked for Ukraine to the Middle East. Meanwhile, Korea Aerospace unveiled the KF‑21 fighter as a lower‑cost alternative to the F‑35, and Germany showed interest in Boeing’s Ghost Bat UAV, with Palantir and Anduril teaming up on missile‑defense software.