Pentagon
The United States spent billions on munitions during the war with Iran and this allegedly pushed key weapons stocks into what the Pentagon's inspector general described as ‘strategic inventory shortfalls’ Touch of Light/Wikimedia Commons

The United States spent an estimated $22.3 billion on expended munitions between 28 February and 30 June during its war with Iran, helping push key weapons stocks into what the Pentagon's inspector general described as 'strategic inventory shortfalls'.

The spending formed the largest part of the $33.4 billion estimated cost of Operation Epic Fury during the same period, according to a mandatory report to Congress.

The warning is significant because the problem is not simply how much the US has already spent.

The inspector general found that the pace of weapons use exposed bottlenecks in the American defence industry that could slow the replenishment of weapons used during the campaign, while the findings came after President Donald Trump repeatedly claimed the US had 'virtually unlimited amounts' of mid- to high-grade ammunition.

The report adds to growing concern over whether Washington could quickly sustain another major conflict while rebuilding its depleted stocks.

Analysts at the Center for Strategic and International Studies have warned that the greatest pressure is on advanced missiles and air-defence interceptors that would also be needed in a potential conflict involving China, while efforts to rebuild US stockpiles could add pressure to wider demand for the same weapons.

$22.3 Billion in Munitions Exposed the Shortfall

The Pentagon inspector general's report provides the clearest official picture yet of the weapons burden created by Operation Epic Fury. Of the $33.4 billion spent from 28 February through 30 June, $22.3 billion was spent on expended munitions during the campaign.

The report specifically said the expenditure had produced 'strategic inventory shortfalls' and exposed 'industrial base bottlenecks for munitions resupply'. That distinction matters because the US has not necessarily run out of weapons needed to continue fighting Iran, but replenishing stocks quickly enough for another major conflict is a separate challenge.

The losses went beyond missiles. The Pentagon said four F-15s were destroyed, an F-35 was damaged, seven KC-135 tanker aircraft were damaged and as many as 30 MQ-9 Reaper drones were destroyed, while Iranian strikes also damaged or destroyed hundreds of buildings and structures at US bases across the Middle East.

Why Replacing the Weapons Could Take Years

The most serious issue is production capacity. The inspector general's warning reflects a broader problem identified by defence analysts, as advanced weapons cannot simply be replaced from existing warehouse stocks and factories require specialised equipment, components, skilled workers and time to increase output.

A Center for Strategic and International Studies analysis found that some critical weapons could take years to replenish. Production timelines can reach roughly three to four years for systems including THAAD interceptors, SM-6, Tomahawk and JASSM missiles, while some variants of the Standard Missile family can take even longer.

Patriot and THAAD interceptors are particularly sensitive because they provide protection against incoming ballistic and cruise missiles. CSIS has estimated that US stocks of key air-defence and long-range weapons were already low before the Iran war, with the conflict making the replenishment challenge more acute.

The US has been increasing production. Lockheed Martin, for example, has been expanding Patriot output, while defence companies have been asked to accelerate production of other missile systems, but higher production today does not immediately replace weapons fired months earlier.

Why the Shortfall Matters for a Potential China Conflict

The shortage has strategic implications beyond the Middle East.

Mark Cancian of CSIS told CBS News that the United States had enough weapons for a war against Iran, but warned that sustaining a conflict against China would be much more difficult.

'We might be able to provide enough munitions for a month,' he said, 'but getting on to month two or month three or four, that's a great challenge.'

That concern predates the latest inspector general report, with CSIS repeatedly warning that US inventories of long-range missiles and air-defence interceptors were already insufficient for a prolonged conflict against a peer adversary.

Operation Epic Fury has made that existing problem more acute. CSIS has said US operations during the Iran war significantly depleted some long-range missiles and air-defence interceptors, creating additional risk for a potential conflict involving China or other contingencies.

The issue also affects US allies. Washington supplies or supports weapons systems used by countries including Ukraine and Japan, meaning efforts to rebuild US stockpiles could add pressure to wider demand for the same weapons.

The Pentagon now faces a difficult balancing act: maintain enough weapons for ongoing operations, replenish stocks depleted by the Iran war and expand production sufficiently to prepare for future conflicts.

The inspector general's warning shows that the $22.3 billion munitions expenditure is not only a measure of wartime spending but also highlights the difficulty of replacing weapons consumed during a major conflict.