By Ayeza Areej
On 28 February 2026, Iran launched Operation True Promise-4, a wave of ballistic missiles and drones into Israeli airspace. The strikes were launched in response to US and Israeli attacks on Iranian territory and saturated some of the world’s most heavily defended airspace, making successful interception increasingly difficult for their adversaries.
Iran entered the war with the most sophisticated ballistic missile arsenal in the Middle East, including the solid-fuel Fateh family, the hypersonic-adjacent Fattah-1 and older Shahab-3 variants. It launched more than one hundred heavy missiles in each wave; analysts called it ‘volumetric saturation’ – overwhelming the target with more missiles than any interceptor network could handle. Israel’s Iron Dome, David’s Sling and long-range Arrow defence systems constitute one of the most multi-layered air-defence networks ever deployed. However, by the end of the conflict, Israel had reportedly used approximately 81 per cent of its Arrow interception units. This was not due to a failure of the system, but because no defensive architecture could withstand such saturation for an extended period.
It highlights two important concepts regarding military capacity: first, magazine depth, the number of missiles and interceptors a state can maintain in the fight; and second, magazine breadth, its ability to use a diverse mix of capabilities against different threats at varying costs. Iran’s mix of new and old missiles gave it breadth, and its repeated missile salvos tested the depth of Western interceptor stocks.
Iran’s missile strategy exemplifies both dimensions. Iran’s more recent solid-fuel rockets, such as the Fattah-1 and Kheibar Shekan, were intentionally integrated with older, low-cost liquid-fuel missiles. This was not redundancy; it was design and strategy. The newer missiles do not technically qualify as hypersonic glide vehicles, but their manoeuvrable re-entry vehicles can jink at speeds over Mach 5 during the terminal phase, making them difficult to intercept with systems like THAAD and Arrow. Legacy missiles, meanwhile, tend to serve as expendable decoys, compelling the defender to use high-cost interceptors against low-cost projectiles. Early March strikes against Tel Aviv and Ben Gurion airports, followed by salvoes over northern and central Israel, have been assessed by open-source intelligence to be fired from cluster-type payloads on systems like Khorramshahr-4. Reportedly, these systems can disperse about 80 submunitions over a broad area, a tactic that can maximise damage under strained interception capacity.
Even US air power was not completely out of reach. For instance, a US F-35 jet conducted an emergency landing after being hit by Iranian fire during a combat mission. Although Iran did not prevail militarily, it showed that a state that has faced decades of sanctions and lacks a sophisticated air force could still impose significant attritional pressure on a technologically superior coalition through saturation attacks and cost-imposition asymmetry.

The clearest evidence lies in Washington’s own ledgers. During Operation Epic Fury, the United States launched over a thousand Tomahawk-class cruise missiles and up to two thousand advanced interceptors. Costing approximately USD 15.5 million per interceptor, THAAD was used at a rate of somewhere between 190 and nearly 290 units, accounting for more than half of the system’s pre-war national inventory. Before the war, there were reportedly just 3,000 to 4,500 missiles in reserve, suggesting that a substantial portion of America’s stockpile may have been used in a single war against a non-peer adversary.
Secretary of State Marco Rubio highlighted that Iran had manufactured more than a hundred missiles per month, while the US has been manufacturing no more than a handful of interceptors in the same period. The Centre for Strategic and International Studies now estimates that it would take until late 2029 to restore THAAD inventories alone. In fact, the Pentagon’s budget for fiscal year 2027 requests 785 more Tomahawks, an admission that the war was not a temporary inconvenience but a structural vulnerability. That vulnerability does not stay contained and the implications extend beyond the Middle East.
These depletions have also led the Pentagon to rethink its Taiwan contingency plan, as diminished stockpiles may not be enough to maintain deterrence in both theatres. Throughout this period, China has also been accelerating its missile arsenal and area-denial systems while keeping an eye on the numbers. Consequently, a war in the Middle East may have opened a new window of vulnerability in the Taiwan Strait where the US faces a more capable adversary.
Western military powers have treated technological superiority as a substitute for numerical strength, assuming future wars would be quick and precise. Iran’s asymmetric strategy has taken advantage of this illusion by making the war unsustainably expensive rather than defeating Israeli or American air power. The repeated interception of USD 50,000 drones with USD 2 billion interceptors represent a disproportionate response, as the employment of expensive platforms against a low-cost threat does not constitute a strategic success. Although the US-Israel war against Iran offered a glimpse of this reality, a war over Taiwan, against a substantially larger adversary, would strain the Western magazine depth within just days.
This experience highlights the problem of magazine depth and magazine breadth. Relying on a handful of expensive, high-end interceptors is dangerous, as sustenance and adaptability are becoming crucial in the modern era.
Future deterrence is likely to depend on a combination of magazine depth and breadth. Consequently, advanced interceptors and lower-cost kinetic systems, AI-based battle management, electronic warfare, directed-energy weapons, and other layered defences that can withstand saturation attacks will define the future of warfare. For the U.S., emergency procurement of interceptors and missiles is already underway with both RTX and Lockheed Martin, but this is unlikely to provide a viable solution because of long production lead times and industrial constraints. For instance, the Joint Air-to-Surface Standoff Missile could take approximately 36 months for its first delivery; Patriot and THAAD could take about three years of production lead time, and the Tomahawk cruise missiles are expected to be delivered in March 2030. Thus, rebuilding stockpiles would take a long time, requiring flexible defence-industrial capacity. Key requirements include the cost-exchange ratio of new-generation defence technologies, left-of-launch networks that neutralise missiles before they hit the launch pad, and allied industrial ecosystems that can rapidly replenish stockpiles during war.
In an era of contested aerospace dominance, the most advanced weapons alone do not guarantee air superiority and strategic success. Rather, outcomes are increasingly shaped by the depth of available stockpiles, the breadth of defensive options, and the industrial capacity to regenerate combat power during conflict.
Ayeza Areej is a researcher at the Centre for Aerospace & Security Studies. A Gold Medalist in Strategic Studies from the National Defence University, her expertise spans military strategy, air and missile power, defence modernisation, emerging technologies, nuclear security, and the Revolution in Military Affairs. She has previously been affiliated with the Institute of Strategic Studies Islamabad, the Islamabad Policy Research Institute, and The Truth International, and has contributed to initiatives led by the ICRC and WWF.
Header image: A Kheibar Shekan missile at the Sacred Defence Week parade in Tehran in 2022. The Kheibar Shekan is an Iranian solid-fuel medium-range ballistic missile operated by the Islamic Revolutionary Guard Corps Aerospace Force. (Source: Wikimedia)


