The MIC is alive and well.  As an example, it is supplying much of the Saudi weaponry up to and including the jets bombing Yemen as we speak.   

The MIC will also continue to do well on the big ticket items like your  aircraft carrier as long as there are people like President Putin flexing their military muscle in Syria and showing off Their new military vessels in the Black Sea and the Mediterranean.  YOu do recall that there is just a teensy little problem in the Ukraine and NATO treaty members near Russia, do you not?

The Chinese building their island fortress in the South China Sea in land claimed by, among others, our ally Japan, will also keep the MIC healthy.  

The North Korean nuclear threat is not going to go away by itself, either.  The MIC will continue to prepare to continue that war which is only in a cease fire, after all.