The Iran war has cost U.S. households nearly $2,000 each. New strikes could keep the bill climbing
Published . Updated .
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Pentagon data puts U.S. war costs above $47 billion, and Moody’s estimates households have paid nearly $2,000 each. Oil’s post-election drop may not last.
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- LMT Lockheed Martin+13.5% 30d
Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.
- RTX Rtx+2.6% 12d
Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.
- NOC Northrop Grumman+3.2% 30d
Northrop Grumman (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.
- GD General Dynamics+8.5% 30d
General Dynamics (ship and boat building and repairing): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ITA | +2.67% | +5.93% | base | after close | after close | after close | after close |
| XAR | +6.16% | +9.25% | base | after close | after close | after close | after close |
| USO | +13.96% | +6.75% | base | after close | after close | after close | after close |
| BWET | +38.94% | +24.54% | base | after close | after close | after close | after close |
| LMT | +10.55% | +11.00% | base | after close | after close | after close | after close |
| RTX | +4.12% | +6.19% | base | after close | after close | after close | after close |
| NOC | +6.16% | +4.73% | base | after close | after close | after close | after close |
| GD | +4.59% | +5.00% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
The Iran war has cost U.S. households nearly $2,000 each. New strikes could keep the bill climbing Fortune
Source: Fortune
Defense
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +24.54% | final price |
| BWET | five days earlier | +38.94% | final price |
| GD | three days earlier | +5.00% | final price |
| GD | five days earlier | +4.59% | final price |
| ITA | three days earlier | +5.93% | final price |
| ITA | five days earlier | +2.67% | final price |
| LMT | three days earlier | +11.00% | final price |
| LMT | five days earlier | +10.55% | final price |
| NOC | three days earlier | +4.73% | final price |
| NOC | five days earlier | +6.16% | final price |
| RTX | three days earlier | +6.19% | final price |
| RTX | five days earlier | +4.12% | final price |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +13.96% | final price |
| XAR | three days earlier | +9.25% | final price |
| XAR | five days earlier | +6.16% | final price |
Defense
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 44 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 44 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 50 days before publication. Filed 13 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the defense case looks
12 out of 100
“The Iran war has cost U.S. households nearly $2,000 each. New strikes could keep the bill climbing” scores 12 out of 100. The score uses 1 sources.