Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Business
Jordan Chussler

Why This Defense ETF Could Keep Rallying as the Iran Conflict Escalates

Beyond operations, unforeseen costs—like the friendly fire incident last week that resulted in Kuwait shooting down three U.S. F-15s—have added to those woes. The replacement costs for just those three U.S. Air Force jets are estimated to be around $100 million each. 

Meanwhile, on March 3, just days after the conflict began, President Donald Trump wrote on his social media platform, Truth Social, that the United States has a “virtually unlimited supply” of weapons, adding that “Wars can be fought ‘forever.’”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.