US awards a $58.6 billion Patriot missile contract amid rising tensions. War declaration on Iran by December 31, 2026 at 5.5% YES.

The Pentagon announced an agreement to rapidly expand production of specific components found in Patriot missile interceptors.

Escalating tensions with Iran have severely drained the stock of U.S. missile interceptors, notably affecting the inventory levels of Patriot and THAAD systems. This depletion…

The military has used approximately a third of its Patriot missile interceptors and about half of its THAAD ballistic missile interceptors.