By Geoff Fein The perceived lack of a imminent threat, along with dwindling budgets and shrinking industrial base, are having a significant impact on the development of undersea warfare systems, according to a National Defense Industrial Association (NDIA) study. "The USW (undersea warfare) industry faced the same reduction that the defense industry experienced over the past few decades. Without a perceived and compelling threat, there has been insufficient rationale to support major acquisition programs; rather, the trend has been to…
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