DefenseNews

‘A whole civilization will die tonight,’ Trump says as Iran defies deal

Iran showed no sign of accepting Donald Trump’s ultimatum to open the Strait of Hormuz by the end of Tuesday, while the U.S. president threatened that “a whole civilization will die tonight” unless Tehran reached a last-minute deal. Trump has given Iran until 8 p.m. in Washington — 3:30 a.m. in Tehran — to end its blockade of Gulf oil, or he will destroy every bridge and power plant in…
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DefenseNews

Ukraine missile maker targets ‘game changer’ air defense system by 2027

Fire Point, maker of Ukraine’s Flamingo cruise missile, is in talks with European companies to launch a new air defense system by next year, a senior executive told Reuters, creating a low-cost alternative to the increasingly hard-to-get Patriot system. With governments seeking to defend their skies as the wars in Ukraine and Iran sow global instability, Fire Point’s co-founder and chief…
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DefenseNews

US F-15E fighter jet shot down over Iran

This is a developing story. A United States F-15E Strike Eagle fighter jet has been shot down by enemy fire over Iran, U.S. officials confirmed. One of the aircraft’s two crew members has been rescued, Israeli media first reported. U.S. officials confirmed the reports in statements to CBS News and Axios. A search for the second crew member is ongoing. White House Press Secretary Karoline…
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DefenseNews

US defense stocks see no Iran war lift after early surge

U.S. defense stocks have declined even as the Iran war drags on, indicating that the typical “buy-on-conflict” trade had largely peaked in the weeks before in anticipation of tougher action by President Donald Trump. The NYSE Arca Defense index, which includes 34 small and large-cap U.S. companies, fell nearly 8% in March, compared with the broader S&P 500’s 5% drop. In contrast, it had…
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