"This is easily once of the biggest ballistic missile and ballistic missile defense engagements in history, and it is truly momentous in terms of the overall context and the overall posture that Israel is taking." Israel and Iran have been at war since June 13, with each country firing hundreds of ballistic missiles in just a few days. Iran's defense enterprise is severely weakened following Israel's huge initial attack, but Israel lacks the capability to completely destroy Iran's hardened nuclear targets, at a time when the United Nations' nuclear watchdog warned that Iran could be as close as three days away from being able to assemble a nuclear weapon.

CSIS's Tom Karako, director of the Missile Defense Project and senior fellow in the Defense and Security Department, joins the podcast to discuss the Israel-Iran conflict—who's winning, who's losing, whether the United States will get involved, and what we should be looking for next.