January 22, 2024
Pentagon Makes It Official: U.S. Industrial Decline Is Undermining National Defense (From Forbes)
Earlier this month the Pentagon released its first-ever National Defense Industrial Strategy. Its tone is strikingly similar to industrial assessments conducted during the Trump administration. That is arguably a good thing, in the sense that it demonstrates there is a broad, bipartisan consensus about the need to reverse the nation’s steady industrial decay. The good news is that America is still the global leader in software and services, thanks to companies like Amazon and Google. But if it is to sustain a world-class military posture, America needs to be good at bending metal too. I have written a commentary for Forbes here.
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