Strait of Hormuz Escalation: The U.S. began a renewed maritime blockade as Iran said the waterway was closed again after a warning shot hit a Cyprus-flagged container ship; UAE reported two tankers struck and one crew death, while oil prices jumped on fresh supply fears. US-Iran Strikes & Missile Defense: Washington signaled more strikes and talks hinge on secure passage; allies meanwhile pushed air-defense and ballistic missile defense coalitions for Ukraine. Pentagon Production Push: The U.S. plans major expansion of JASSM and LRASM output after Iran-related use, aiming for thousands of missiles over the next 5–7 years. Counter-Drone Integration: France integrated a 68mm laser-guided rocket onto Rafale for drone defense, joining similar moves by other air forces. Space & Ground Systems Contracts: Parsons won a $245m NRL satellite ground systems contract; Space Force tapped L3Harris for 18 Golden Dome tracking satellites. Defense Manufacturing & Drones: Protolabs expanded CNC and MJF for drone makers; Canada’s “Maple List” aims to speed qualified drones to the Armed Forces. NATO Digital Modernization: NATO awarded a €200m cloud transformation contract to Accenture and Leonardo for its Protected Business Network. Ukraine Energy-Defense Link: Ukraine seeks about €7bn to rebuild power capacity as drone swarms hit energy infrastructure, tying industrial recovery to air-defense production.