Titanium Industry Digging In: The US titanium industry is facing off against defense contractors over a proposed change to a metals law called the Berry Amendment that requires an American-made sticker for certain metals used in military weapons. According to the Congressional newspaper The Hill, reports that defense contractors are pushing for a more lax interpretation because they claim global sourcing has obscured the origins of some materials.
The Pentagon’s cost estimate for the Iran War has risen to $37.5 billion, Defense Secretary Pete Hegseth told a congressional committee July 21—and without emergency supplemental funding, the military will have to “curtail” training to cover those costs, he added.