Retired Army colonel explains why Patriot missiles are so valuable and in short supply

Who claims what

• —A retired Army colonel discusses the importance of Patriot missiles and their current shortage in the context of Ukraine's defense against Russia. (per Retired Army Colonel Robert Hamilton — not independently verified)

Our assessment

If claims of Patriot missile shortages are accurate, businesses in supply-chain, defense, and allied sectors should anticipate potential increases in demand, prioritization delays, or reallocation of air defense assets. Exporters and insurers operating around conflict regions may face increased risk perceptions or…