Iran & United States — United States Department of the Army

Iran: Iran is the adversary in the conflict, with its ability to disrupt shipping diminished by US operations. The new economic campaign threatens further isolation and damage to its economy, likely worsening its financial and trade prospects.

United States — United States Department of the Army: The Army's 82nd Airborne Division coordinates the task force running the corridor. This highlights the Army's role in maritime operations, though its direct market impact is limited.

Iran: Iran is the adversary in the war; its missile attack killed three U.S. soldiers, and the conflict has killed thousands of Iranians.

United States — United States Department of the Army: The Army lost four soldiers in Iranian attacks; three were assigned to air defense brigades.

Iran: The Iran war has drained Patriot interceptor arsenals in the U.S. and Gulf states, as Patriot systems have intercepted dozens of Iranian ballistic missiles. This has contributed to the global shortage.

United States — United States Department of the Army: The U.S. Army awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles, a major procurement action that underscores the military's response to the shortage.

Iran: Conflict in Iran depletes U.S. munitions, prompting the need for increased production.

United States — United States Department of the Army: Announced the contract award, managing the procurement plan for PAC-3 MSE interceptors.

Iran: Iran is under heavy US airstrikes targeting infrastructure and military sites, and its economy is weakened by sanctions and blockade. It uses control of the Strait of Hormuz as leverage.

United States — United States Department of the Army: U.S. Army soldiers have been injured in the conflict, with 10 additional casualties reported.

Iran: Iran is the main target of US strikes, suffering heavy military and civilian casualties. It has effectively closed the Strait of Hormuz to most shipping, using it as leverage, but its economy is under severe strain from sanctions and blockade.

United States — United States Department of the Army: US Army personnel have suffered casualties in Iran and Iraq, with over 500 wounded.

Iran: Missile exchanges involving Iran have contributed to demand for air defense systems, including the Patriot.

United States — United States Department of the Army: The U.S. Army's budget documents provided cost data for the PAC-3 MSE, serving as a benchmark for the new ACE missile.