Ukraine, Middle East Conflicts Eating Into US Air Defense Stocks

Biden’s administration has been steadily arming Ukraine and Israel with its most sophisticated air defenses. The US Navy has been directly defending shipping in the Red Sea in the face of missile and drone attacks from Houthi rebels in Yemen. The United States last month deployed to Israel a THAAD, or the Terminal High Altitude Area Defense system, and about 100 US troops to operate it. The THAAD is a critical part of the US military’s layered air defense systems. The admission by Admiral Sam Paparo could draw the attention of members of President-elect Donald Trump’s incoming administration, who are more skeptical of the war in Ukraine and who argue that President Joe Biden has failed to prepare for a potential conflict with China (Read more at Arab News).