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Golden Ten Data reported on June 22 that, according to CNN, Mark Cancian, a senior advisor at the Center for Strategic and International Studies (CSIS), stated that a preliminary analysis soon to be released by CSIS indicates the Iran war has cost the US Department of Defense approximately $40 billion. This figure covers expenses such as ammunition consumption, equipment losses, and damage to bases, but does not include the routine operational costs already accounted for in the Department of Defense’s over $1 trillion budget for the 2026 fiscal year, as he mentioned in an interview with CNN. Data also shows that while the Department of Defense bears the main expenses, the conflict has led to about $1 billion in costs for other agencies such as the Department of Homeland Security and the Department of Veterans Affairs. For consumers, US gasoline prices have risen from a national average of less than $3 per gallon to over $4 during most of the war’s duration. According to energy cost tracking data from Brown University, without this war, the average US household would have spent more than $253 less. Currently, the rate of price increases has surpassed the pace of average wage growth in the US. In other words, inflation in April and May “erased” pay raises, marking the first time this has occurred since 2023.

The valuation of the KNDS transaction will range between 15 billion and 18 billion euros, depending on the final share price after several weeks of listing. The government led by Chancellor Merz has been attempting to match the French government's stake in KNDS by purchasing shares from the company's family shareholders' holding company, Wegmann & Co. This agreement paves the way for KNDS to conduct an initial public offering (IPO) in Frankfurt and Paris, and it will be traded in the future as a company jointly backed by France and Germany. Previously, negotiations over pricing had stalled after a rebound in European-listed defense company stock prices earlier this year was followed by a decline. (Bloomberg)

KNDS, as a well-known European company specializing in the research, development, and manufacturing of ground defense equipment, has gained high recognition in the global military trade market for its production of main battle tanks and other armored equipment. The recent equity change has also attracted widespread attention within the European defense sector.