Tom Karako: We have expended a very significant percentage of our missiles

CSIS missile-defense director Tom Karako warned that U.S. missile inventories are depleted, while Taiwan arms deliveries remain delayed amid growing China-related security risks. He highlighted defense-production capacity constraints and argued that additional funding is needed to replenish stocks and expand manufacturing, a supportive medium-term backdrop for defense suppliers but evidence of near-term readiness and supply-chain vulnerabilities.