Key insights
- The U.S. military's high usage of Tomahawk missiles in a hypothetical conflict with Iran is raising concerns within the Pentagon about weapon stockpiles. This news introduces geopolitical uncertainty and potential strain on defense resources, which could negatively impact market sentiment and defense sector valuations due to potential supply chain disruptions and increased military spending.
March 27 (Reuters) - The U.S. military has fired over 850 Tomahawk cruise missiles in four weeks of war with Iran, burning through the precision weapons at a rate that has alarmed some Pentagon officials and prompted internal discussions about how to make more available, the Washington Post reported on Friday, citing people familiar with the matter.
Reuters could not immediately verify the report. The U.S. Department of Defense and the White House did not immediately respond to Reuters' requests for comment.
(Reporting by Rhea Rose Abraham in Bengaluru; Editing by Aidan Lewis)