The Center for Strategic and Budgetary Assessments, a Washington defense think tank, offers its own “highly speculative” estimate for the cost of operations in Iraq and Afghanistan and Operation Noble Eagle at home, positing a total cost of $337 billion through Fiscal 2006 and up to $650 billion by 2015. Caution: The eight-page analysis repeatedly notes the shaky foundation for such estimates, given “the enormous uncertainty surrounding deployment levels and other considerations.” Although the analysis also says the US may ultimately spend more (in 2006 dollars) on the wars in Iraq and Afghanistan than it did for the Korean War ($445 billion) and Vietnam War ($635 billion), it notes that the actual financial burden as a share of the economy is much less than for the earlier wars.
Where Things Stand with Every Planned V-22 Fix
Feb. 11, 2026
The Air Force’s CV-22 Osprey fleet started receiving new proprotor gearboxes last month—and officials say they’re planning a comprehensive midlife upgrade for the V-22 to address concerns over its safety and reliability.

