$RTX: Depleted Stockpiles Drive Decade-Long Restock Cycle

850 Tomahawks fired in 4 weeks. Gulf states burned through more Patriot interceptors than the world produced in all of 2025. The restock math runs a decade regardless of how the war ends.

Thesis

The core thesis is simple. Two weapons systems are being consumed far faster than they can be built. Both are manufactured by a small number of US companies that have already signed long-term production ramp agreements with the Pentagon. A ceasefire does not end the demand: it just shifts it from operational consumption to stockpile replenishment.…