The FY27 defense authorization is the largest in American history. The Pentagon's munitions plan puts 97% of its funding into legacy missiles and less than 3% into low-cost alternatives. "It would be a generational mistake to take the largest pool of resources the Pentagon has ever been handed and simply stock up on 1970s technology." a16z's @DefenseInDepth_ on the allocation problem behind the US munitions shortage: https://www.a16z.news/p/magazine-depth-affordability-is-a