Iran War & Ceasefire — 2026-05-14
Pentagon Lays Out Plan for 10,000 Low-Cost Cruise Missiles in Three Years
The Pentagon announced procurement plans for 10,000 low-cost cruise missiles over three years, with Leidos contracted to produce 3,000 containerized cruise missiles and Anduril signing an agreement for mass production of Barracuda-500M variants. Castelion also signed a deal to produce Blackbeard hypersonic missiles at scale. The procurement drive reflects lessons from the Iran conflict on munitions expenditure rates.