New Age of Missiles, Drones Reshapes Battlefields Around The World

Watch on YouTube ↗  |  July 29, 2026 at 18:36  |  4:56  |  Bloomberg Markets
Speakers
Paul Scharre — Executive Director, Center for a New American Security

Summary

The video examines how cheap drones and ballistic missiles are reshaping modern warfare, exposing US vulnerability. Paul Scharre argues the Pentagon’s slow, bureaucratic culture favors expensive legacy systems over mass-produced, expendable drones, threatening America's military edge in conflicts and chokepoints like the Strait of Hormuz.

  • US forces are vulnerable to cheap drones and missiles, as seen in Iran conflict.
  • Ukraine's production of 4 million drones per year makes drones foundational.
  • Drones increase battlefield transparency and lethality, thinning front lines.
  • The Strait of Hormuz is highly susceptible to Iranian drones, mines, and small boats.
  • Pentagon bureaucracy and cultural addiction to big weapons hamper rapid adaptation.
  • Congress and some Pentagon officials are pushing reform, but progress is slow.
  • Cheap, expendable drones represent a 180-degree shift from recent US military posture.
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