Daily Report

Oct. 28, 2026

Dozens of Former Airmen Are Running in the ’26 Midterms

A week from now is Nov. 3, Election Day, capping a long, hectic, contentious campaign season. Across the U.S., millions of voters will head to the polls to elect governors, senators, representatives, and more. More than three dozen congressional candidates on the ballot are Air Force veterans, according to data compiled by Air & Space Forces Magazine.

Pentagon to Give Startup Stoke Space $150M Loan for New Launch Pad

The Pentagon plans to issue a $150 million loan to Stoke Space Technologies, an emerging space launch provider, to help it expand its footprint at Cape Canaveral Space Force Base, Fla. The Defense Department announced the plan Oct. 26. The loan, managed by DOD’s Office of Strategic Capital, is contingent on Stoke clearing various financial, legal, and technical requirements.

Boeing Bullish on Defense Sector After Fighter Wins, Shunning Fixed-Price Deals

Fresh off Boeing’s victory in the competition to build the Navy’s sixth-generation F/A-XX fighter, CEO Kelly Ortberg on Oct. 27 expressed confidence that the darkest days of the company’s beleaguered defense sector are in the past. A year ago, Boeing expected its Defense, Space, and Security division to see revenue growth in the low single digits, Ortberg told investors in an earnings call. Now, the company is projecting defense revenue growth in at least the mid-single digits or higher.

Radar Sweep

COMMENTARY: How the F-15 and F-22 Should Inform the F-47’s Procurement

Breaking Defense

“The U.S. Air Force needs to make some hard choices about its fighter aircraft to avoid ceding air superiority to China. Two new stealth aircraft have appeared in Chinese skies, and rising J-20 production rates mean China could have up to 1,000 fifth-generation fighters by 2030. The Air Force’s F-47 promises to help offset some of these Chinese gains, but it can only do that if Pentagon planners make an informed decision on how much to spend on the new fighter, how many to buy, and when to buy them,” writes Casey Nicastro, a senior analyst at the Center for Strategic and Budgetary Assessments.

Iran War Cost Increases to $47 Billion

The Hill

The cost of the U.S.’s war against Iran has gone up to $47 billion, an increase of more than $3 billion since last month, as President Donald Trump mulls launching strikes against the Islamic Republic after the U.S. midterm elections. The biggest chunk of the cost is munition replacement at $29 billion, according to an Oct. 16 U.S. Central Command estimate, which was shared with Congress and obtained by The Hill on Oct. 27.

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Hegseth in Philippines for Asian Defense Meeting

The Washington Times

Defense Secretary Pete Hegseth arrived at Cebu, Philippines, on Oct. 27 for a quick turnaround visit to the Pacific theater, where he is slated to meet with counterparts from across the region at a major Association of Southeast Asian Nations defense ministers gathering.

Russian Satellites Help Iran’s Allies Strike Saudi Arabia, Data and Officials Say

Associated Press

Iranian-backed militias carried out a precision strike last month, hitting the pumping stations of Saudi Arabia’s most important oil pipeline. Days later, another attack hit a Saudi military air base, damaging an Italian fighter jet inside a hangar. Crucial to the strikes’ success was what was happening in the skies overhead: For days beforehand, a constellation of Russian spy satellites converged over the pipeline and the air base to gather intelligence.

US Military’s Drug Boat Strikes Have Now Killed at Least 240 People

Task & Purpose

The U.S. military killed five people on Oct. 27 aboard what Southern Command described as a “go-fast vessel” associated with “narco-terrorists” in the eastern Pacific Ocean, bringing the death toll from its campaign against suspected drug traffickers to at least 240 since September 2025.

COMMENTARY: Buying Fighters One Year at a Time Is Costing America More than Money

Forbes

“Congress has an opportunity to reset an acquisition approach that relies too heavily on uncertain, year-to-year fighter purchases. Turning the recently announced F-35 framework into a funded production agreement—and establishing a similarly predictable path for the F-15EX—would help ensure the combat aircraft our nation depends upon are available, ready, and relevant when we need them,” writes retired Lt. Gen. David A. Deptula, dean of the Mitchell Institute for Aerospace Studies.

Anduril Expanding into Laptop Manufacturing in Partnership with Qualcomm

DefenseScoop

Defense technology company Anduril, best known for building drones and AI-enabled software for the military, is branching out into a new product manufacturing business: laptops. The company on Oct. 27 announced the launch of a computer initiative, dubbed BlueChip, in partnership with wireless tech giant Qualcomm.

Canada Receives First F-35 Jets from US, as Full Order Remains Under Review

CBC News

Canada has received its first pair of new F-35 fighter jets, with Ottawa still deliberating over how many of the American planes it will buy. The Royal Canadian Air Force announced Oct. 23 on social media that it received the two Lockheed Martin jets, sharing a photo from Phoenix, Ariz., showing one plane with a maple leaf roundel.

One More Thing

Doug Matthews to Join International Air & Space Hall of Fame

Vintage Aviation News

Aviation entrepreneur, veteran naval aviator, and record-setting pilot Douglas G. “Doug” Matthews will be inducted into the International Air & Space Hall of Fame on Nov. 21, 2026. Hosted by the San Diego Air & Space Museum, the Hall of Fame recognizes individuals whose achievements have shaped aviation and space exploration.