Brians356
Silver $$ Contributor
From Seeking Alpha this morning:
The Pentagon is now reviewing its arms stockpiles after seeing how fast ammunition has been drained during the war in Ukraine. General Mark Milley, chair of the Joint Chiefs of Staff, said the analysis could result in an increase in the U.S. military's $817B annual budget - especially as concerns grow over the security environment should another war break out in the Taiwan Strait ... Earlier this week, NATO Secretary General Jens Stoltenberg further announced that "Ukraine is consuming an enormous amount of munitions and depleting allied stockpiles." This is "many times higher than our current rate of production," he cautioned, and "puts our defense industries under strain."
Now to be fair, the problem largely consists of artillery and anti-aircraft cannon projectiles, rockets, mortars, and missiles. But I expect small arms ammunition availability to be affected.
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The Pentagon is now reviewing its arms stockpiles after seeing how fast ammunition has been drained during the war in Ukraine. General Mark Milley, chair of the Joint Chiefs of Staff, said the analysis could result in an increase in the U.S. military's $817B annual budget - especially as concerns grow over the security environment should another war break out in the Taiwan Strait ... Earlier this week, NATO Secretary General Jens Stoltenberg further announced that "Ukraine is consuming an enormous amount of munitions and depleting allied stockpiles." This is "many times higher than our current rate of production," he cautioned, and "puts our defense industries under strain."
Now to be fair, the problem largely consists of artillery and anti-aircraft cannon projectiles, rockets, mortars, and missiles. But I expect small arms ammunition availability to be affected.
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