The U.S. military is firing million-dollar missiles at Iranian drones that cost a tiny fraction as much — a striking example of the kind of overmatch modern warfare punishes.The Department of Defense’s approach to electromagnetic spectrum policy follows a similar logic, occupying prime mid-band frequencies for vital but relatively low-throughput national security uses — including radars, satellite communications, navigation, and electronic warfare — even as those same bands could generate much larger commercial, allied, and strategic returns.The Pentagon understandably views spectrum through a national security lens, but the current allocation reflects less strategic optimization than a legacy of policy choices

Michael Kofman joined Ryan at a live event earlier this year to discuss the performance of American defense technology in Ukraine and why it often falls short. They examine the challenges of fielding and iterating systems in combat, from poor implementation and weak feedback loops to deeper mismatches between design and battlefield reality. They also explore what it takes to succeed in this environment and what it means for future conflicts. Thanks to Leonid Capital Partners for hosting the event at which this podcast was recorded. Image: ArmyInform via Wikimedia Commons