In the first 16 days of the Middle East conflict, the US and Israel have obliterated $26 billion worth of ammunition, with global arms dealers now scrambling to secure orders.

According to a study published by the UK Royal United Services Institute, in the first 16 days of the war, US and coalition forces consumed over 11,200 missiles and interceptors, with an estimated cost of $26 billion. Since the start of the war, the US State Department has approved $16.5 billion worth of foreign military sales to Gulf countries, with Raytheon, Lockheed Martin, and another US defense giant, Northrop Grumman, expected to be the biggest beneficiaries.