• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

3

Current price of oil as of May 19, 2026

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

3

Current price of oil as of May 19, 2026
PoliticsIran

Iran’s missile barrage tests whether U.S. has enough interceptors

By
Gerry Doyle
Gerry Doyle
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Gerry Doyle
Gerry Doyle
and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 28, 2026, 4:41 PM ET
Explosions from projectile interceptions by Israel's missile defense system are pictured over the Israeli coastal city of Netanya, on February 28, 2026.
Explosions from projectile interceptions by Israel's missile defense system are pictured over the Israeli coastal city of Netanya, on February 28, 2026. Jack Guez / AFP via Getty Images

The ability of the US, Israel and Gulf Arab states to weather Iran’s retaliatory strikes will depend on how many missile interceptors they have — and stocks are most likely dangerously low after intense combat with the Islamic Republic last year.

Recommended Video

Tehran’s main means of offensive operations is long-range attacks with ballistic missiles, cruise missiles, and drones, all of which it launched after Israeli strikes in June 2025.

This time around, Iran reacted to US and Israeli attacks by almost immediately firing on Israel and countries including Qatar, the United Arab Emirates, Saudi Arabia, Kuwait and Bahrain.

Defending against such weapons requires an even bigger number of interceptors — typical military doctrine calls for firing two or three at each incoming target to maximize the chances of hitting it. Stocks of missile interceptors could be in danger of running low within days if the intensity of current Iranian attacks persists, according to a person familiar with the matter.

“Missile interceptors are a big concern, particularly anti-ballistic interceptors,” said Kelly Grieco, a senior fellow at the Stimson Center. “We are using these interceptors faster than we can make them.”

Dozens or more Iranian missiles were intercepted on Saturday around the region, but at least a few got through. The result of continued strikes is that if Iran has more missiles than its targets have interceptors, more attacks will start getting through.

“Magazine capacity was already low” for the US and its partner nations after last year, said William Alberque, a senior adjunct fellow at the Pacific Forum, a foreign policy research institute.

The US fired about 150 THAAD interceptors last June to defend Israel during the 12-day war against Iran, according to the Center for Strategic and International Studies. Those weapons are the highest-end ground-based missile defense system in the American inventory, with each Lockheed Martin Corp. interceptor costing about $15 million. But only a few dozen were purchased last year.

Such weapons are designed to be able to take out ballistic missiles beyond the Earth’s atmosphere. The costs of firing hundreds of them — as well as other types of interceptors — is enormous. In April 2024, Bloomberg reported that it probably cost Israel — as well as the American, British, French and Jordanian air forces — around $1.1 billion to foil missile and drone attacks from Iran. That was for a few hours’ work.

The US and Israeli militaries will try to reduce the number of missiles and launchers Iran has available, and kill top commanders to prevent their use.

The question of which side can outlast the other is a sobering one, said Eyal Pinko, a former naval commander who does research at Bar Ilan University outside Tel Aviv.

“A lot more attacks are coming,” he said in a briefing to the Jerusalem Press Club. “They have thousands of missiles and drones, huge stocks. They will do everything to maintain the regime. This is now an all-out war for their survival.”

The CEO-in-Chief speaks. Fortune sits down with President Trump on tariffs, the Intel stake, Boeing's record orders, and what the markets should expect next. Read the interview
About the Authors
By Gerry Doyle
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Dr. Bernice A. King
Workplace CultureWorkplace Innovation Summit
Dr. Bernice King on why companies that walked back DEI were never truly committed: ‘If you retreat that quick…that reveals who you really are’
By Preston ForeMay 19, 2026
20 hours ago
Photo of Donald Trump (left) with Mark Cuban
PoliticsDonald Trump
Trump and Mark Cuban end war of words to tag-team America’s drug pricing crisis: ‘Democrats want cheaper medications, too’
By Catherina GioinoMay 19, 2026
20 hours ago
U.S. President Donald Trump speaking at a podium flanked by signs that say "Winning the AI Race."
NewslettersEye on AI
The times they are a-changin’: Washington suddenly warms to regulating AI
By Jeremy KahnMay 19, 2026
21 hours ago
Environmental advocates and progressive lawmakers hold a rally in support of legislation that would put a moratorium on new data centers in the state on Wednesday, May 13, 2026, at the Capitol in Albany, N.Y.
AIData centers
Americans’ AI hate wave might just be gathering steam: Data centers could hike power costs in some states over 50% by 2030
By Tristan BoveMay 19, 2026
1 day ago
Donald Trump smiles
LawDonald Trump
Trump creates $1.7 billion ‘Anti-Weaponization Fund’ to compensate allies as part of his IRS lawsuit settlement
By Fatima Hussein, Eric Tucker, Alanna Durkin Richer and The Associated PressMay 18, 2026
2 days ago
hochul
Economyremote work
New York governor pleads for remote work during massive rail strike: ‘regular commuters who can work from home … please do so’
By Philip Marcelo, Michael R. Sisak and The Associated PressMay 18, 2026
2 days ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
18 hours ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
8 days ago
Current price of oil as of May 19, 2026
Personal Finance
Current price of oil as of May 19, 2026
By Joseph HostetlerMay 19, 2026
1 day ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
3 days ago
Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
Personal Finance
Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
By Courtney Vinopal and HR BrewMay 18, 2026
2 days ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.