Exactly. The ABM projects are a 21st Century solution to a 20th Century threat that no longer exists. The threat of a wave of ICBMs is over, and no country is going to send a single or handful of missiles our way, fail to neutralize our response, then suffer the annihilation that would be our response. As you point out, it's conventional military operations hampered by cyberwarfare that is the hot threat with economic+cyber warfare being the cold threat.