US Touts Iran Deal Prospects | Balance of Power: Early Edition 5/26/2026

Watch on YouTube ↗  |  May 26, 2026 at 19:33  |  47:55  |  Bloomberg Markets
Speakers
Tim Cahill — President, Missiles and Fire Control, Lockheed Martin

Summary

The episode covers the fragile US-Iran ceasefire, with ongoing strikes even as peace talks progress. Lockheed Martin's Tim Cahill discusses missile production ramp-up. The Texas Senate primary runoff between John Cornyn and Ken Paxton is analyzed.

  • US and Iran continue strikes despite ceasefire claims.
  • Talks in Doha focus on unfreezing assets and a phased agreement.
  • Lockheed Martin is doubling facility size and quadrupling interceptor output.
  • Pentagon and Lockheed are investing $9 billion in munitions ramp-up.
  • Texas GOP Senate runoff: Ken Paxton leads John Cornyn after Trump endorsement.
  • Democrat James Talarico leads in general election polling against either Republican.
  • $130 million spent in Texas primary and runoff.
  • Markets show S&P 500 and Nasdaq at records, oil mixed.
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