THAAD
Geopolitics
Markets
Interceptor Depletion Nears Critical Threshold as Iran War Tests Air Defense Production Limits
Arrow-3 stocks approach exhaustion by month-end while US THAAD inventories face one-month horizon, transforming military conflict into industrial endurance competition.
Geopolitics
Macro
The Two-Theater Trap: How the Iran War Exposes America’s Ammunition Crisis
Simultaneous combat in the Middle East and deterrence requirements in the Pacific reveal structural constraints on US military capacity that allies—especially Taiwan—are now pricing into their strategic calculus.
Geopolitics
North Korea Tests Nuclear-Capable Rockets as US Redeploys Assets to Middle East
Kim Jong Un oversaw a 12-launcher drill with 600mm systems claiming 100% accuracy, testing allied defense commitments as Washington shifts THAAD batteries from Korea to support Iran operations.