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Real-time News
According to Irans Tasnim News Agency, Iran claims that a US-launched cruise missile was successfully intercepted and hit by an air defense system in western Iran several hours ago, and the missile has been destroyed.July 20th - According to foreign media reports, Boeing (BA.N) increased production of PAC-3 interceptor guidance heads by 30% last year and plans to achieve a similar increase this year to support the US replenishment of its critical air defense interceptor stockpile. Steve Parker, CEO of Boeing Defense, stated that the company produced 650 guidance heads last year, comparable to the number of PAC-3 missiles Lockheed Martin (LMT.N) plans to produce in 2026. Boeings goal this year is to increase guidance head production to 850 sets. During the Iran-Iraq War, the US and its allies launched thousands of PAC-3 interceptors as Iran launched ballistic missiles at multiple targets in the region. The framework agreement signed this year is expected to boost related production to 2,000 missiles per year by 2030.On July 20, the Jordanian Ministry of Foreign Affairs issued a statement saying that it summoned the Iranian Chargé dAffaires in Amman to deliver a protest note regarding Irans continued attacks on Jordanian territory and the inflammatory and provocative statements made by Iranian official institutions concerning Jordan. A spokesperson for the Jordanian Ministry of Foreign Affairs stated that the Ministry demanded that the Iranian Chargé dAffaires convey a clear message to the Iranian government: an immediate cessation of attacks against Jordan, and an end to unacceptable inflammatory rhetoric.Israel Defense Forces: The Israeli Air Force recently intercepted a drone in the border region between Israel and Syria. The origin of the drone is still under investigation. No air defense sirens were activated.Market news: Aircraft leasing company AerCap is in talks with Boeing (BA.N) to purchase Boeing 787 Dreamliners during the Farnborough Airshow in the UK.