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Defense Economics Research
LiveCeasefire — Day 42 since April 8 combat pause, status contested after Apr 19 Hormuz re-restriction/TrackerStrait of Hormuz — Brent peaked at $118, war-risk insurance hit 2.5% of hull value/TrackerIran war casualties — US, Iran, Lebanon figures with source confidence badges/UpdateCost reaches ~$28B — CSIS estimates $500M/day ongoing burn rate/AnalysisPentagon requests $200B+ supplemental as DoD releases operational fact sheet/BreakingNatanz nuclear facility struck — Iran retaliates against Dimona research center/UpdateIRGC naval commander Alireza Tangsiri killed in Israeli airstrike/Analysis$16.5B by Day 12 — US shifts from Tomahawks to JDAMs after air dominance/LiveCeasefire — Day 42 since April 8 combat pause, status contested after Apr 19 Hormuz re-restriction/TrackerStrait of Hormuz — Brent peaked at $118, war-risk insurance hit 2.5% of hull value/TrackerIran war casualties — US, Iran, Lebanon figures with source confidence badges/UpdateCost reaches ~$28B — CSIS estimates $500M/day ongoing burn rate/AnalysisPentagon requests $200B+ supplemental as DoD releases operational fact sheet/BreakingNatanz nuclear facility struck — Iran retaliates against Dimona research center/UpdateIRGC naval commander Alireza Tangsiri killed in Israeli airstrike/Analysis$16.5B by Day 12 — US shifts from Tomahawks to JDAMs after air dominance/

MilitarySpend

Independent defense economics research.

MilitarySpend is an independent research publication covering military spending, war costs, and defense industry economics through trackers, briefings, and reports.

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Live Tracker — 2026

$
Per second
$57,043
Annual
$1.80T
1USA
$1.06T/yr
2China
$334.05B/yr
3Russia
$158.65B/yr
4India
$91.73B/yr
All tracked countriesarrow_forward
Edited by Roman · Apr 21, 2026

Publishing Rhythm

Site Operations

Iran tracker update: Day 80, total ~$35.0B, rate ~$0.2B/day. Ceasefire active.

-1 days ago

Updated publication timestamps and methodology review date.

-1 days ago

Daily automated review completed. All systems nominal.

-1 days ago

Strategist run: 3 failed, 10 remaining

Today
Full operations logarrow_forward

Data Snapshot

1
USA
$0
2
China
$0
3
Russia
$0
4
India
$0
5
UK
$0
6
Saudi Arabia
$0
7
Germany
$0
8
Ukraine
$0
Data and methodology notesarrow_forward

Reports

ReportPlanned flagship reportQ2 2026 target

Defense Contractor Landscape 2026

A paid dossier mapping the primes, private military firms, and high-growth supply chains shaping current defense spending.

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A recurring premium report on live conflict costs, replenishment burdens, and spending spillovers across budgets.

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