The kings of global corporatism, the US arms industry, is desperate in its need for a new bogeymen enemy. Islam just doesn't cut it; you can't justify a $50bn development programme for stealth ramjet drones on the basis that they're needed to take out Toyota Landcruisers carrying large calibre machine guns designed in the 1950s. And while China and Russia are both big players, their kit is largely old fashioned stuff turned out by metal bashers rather than by silicon savants. Besides, domestic feeling in the US is now strongly against foreign adventuring - meaning the US now only needs main battle tanks to defend itself from invasions from Mexico or Canada. And there's little justification for expensive fleets of warships and transports. Unless, of course, they're needed in Yewp*
The US arms industry always rediscovers NATO and SEATO when times are lean. And if real threats don't exist, they'll do their doggone best to create them. So I expect we'll be back this winter to low level attritional conflict in Ukraine to prove that Russia is a bogeymen and some action in the Pacific to boost the Chinese badddies. And given the pork-barrel relationship between the arms industry and politics in the US, each dead Ukranian means another job saved in a missile plant in New Mexico and a dozen saved votes for their congressman.
*'as in 'Newkyular' when they mean nuclear.