Defense Stocks

Army Chief of Staff Gen. Mark Milley went on record in Defense News to say the U.S. Army is in a state of "high risk" when it comes to its capability of fighting one or more large conflicts or defending the country.

Gen. Milley wasn't saying our military isn't up to the job, far from it. Rather, he meant that this critical capability is a tall order considering the threats we face right now and into the future.

North Korea, for instance, has announced its development of a miniaturized nuclear warhead. It already has a ballistic missile capable of flight to the U.S.' west coast.

Saudi Arabia is fighting a two-front war... Iraq, Syria, and Libya are now failed states and fertile ground for terror groups like Al-Qaeda and Daesh... The European Union and Turkey are reeling from homegrown Islamic State-sponsored terror and a crushing refugee crisis.

Worldwide, conflict and disaster have uprooted more than 60 million people - the highest number of displaced persons ever, even including World War II - in a humanitarian, logistical, and security nightmare.

Meanwhile, the National Association of State Chief Information Officers just released a report saying that we likely couldn't stop a cyberattack that happened simultaneously with a natural disaster, like a Category 5 hurricane, with our current cybersecurity capability.

So clearly, the world is not a safe place right now. And governments here and indeed all around the world have their work cut out for them when it comes to providing a defense that can match and defeat the threat.