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FRIDAY, 19 JUNE 2026

Rising cost of war and shifting power dynamics

Elvidio Miranda via email
Published Apr 5
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Unlike what is being touted in the mainstream media, that Iran is losing out heavily in its war with the US and Israel, although Iran has been badly hit, it should be stressed that the US is now badly affected, with at least seven jet fighters reportedly downed by Iran, including an F-15E jet fighter that costs about $69“$100 million each, and the estimated cost to the US itself now is about $890 million per day and about $90 million per day to Israel.

The US has now lost three F-35s, a B-52 bomber, an F-15E, and a helicopter, and already Donald Trump has sought a defence budget of $1.5 trillion for fiscal 2027, which is more than the total defence budgets of the next ten countries in the world combined.

Also, it should be noted that the US has many bases around the world, and it seems that the US is falling short of military hardware to be able to supply all its bases worldwide. Lockheed Martin, Boeing, General Dynamics, Northrop Grumman, and Raytheon will not be in a position to build as fast as the US needs. China’s advanced missiles are definitely changing the equation in this now 36-day war. Besides, Iran has disclosed that there are seven million soldiers available in case of a long-drawn war. Accurate figures and losses are not usually disclosed during wartime.


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