The war on ISIS already has a winner: The defense industry

It’s far too soon to tell how the American escalation in the sprawling, complex mess unfolding in Iraq and Syria will play out. But this much is clear: As our military machine hums into a higher gear, it will produce some winners in the defense industry.

New fights mean new stuff, after all. And following the U.S. withdrawal from Iraq and Afghanistan—and the belt-tightening at the Pentagon imposed by steep budget cuts—military suppliers are lining up to meet a suddenly restored need for their wares. Presenting his vision for expanding the confrontation with the terrorist group ISIS in a speech to the nation on Wednesday night, President Obama outlined a program of intensified airstrikes designed to keep American troops away from the danger on the ground. So defense analysts are pointing to a pair of sure-bet paydays from the new campaign: for those making and maintaining the aircraft, manned and unmanned, that will swarm the skies over the region, and for those producing the missiles and munitions that will arm them.


Fortune