The Economic Times

'World's most advanced fighter jet, most-expensive drone': US lost 42 aircraft worth $29 billion in Iran war in less than 2 months

United States and Israel initiated Operation Epic Fury against Iran on February 28, 2026. The conflict involved extensive air, missile, and maritime combat. Aircraft losses mounted, with the Department of Defense estimating costs at $29 billion. The situation remains unstable despite a ceasefire. Congressional concerns are rising over readiness and spending.