On Saturday, Iranian forces launched some 330 cruise missiles, ballistic missiles, and drones in an ill-fated attack on Israel, resulting in more than 99% of the weapons either being intercepted, or failing before they reached their targets. But was Israel’s defense really a victory? With the cost of interceptors used to down these inbound weapons sometimes outstripping the cost of the weapons themselves by 10 to 1 or more, did Saturday’s attack prove Israel’s defense is a losing financial proposition? No, it didn’t. So, let’s talk about why.
