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Declining Domestic Industrial Base Will Hurt U.S. National Security Advantage, Smith Says

If the United States’ defense industrial base can’t compete with its foreign competitors, then the United States will lose a significant national security advantage, the ranking member of the House Armed Services Committee (HASC) said yesterday. Rep. Adam Smith (D-Wash.) said the United States for decades had a national security advantage because its defense industrial base had the best and brightest companies producing world-leading technology and equipment. But Smith said a confluence of events, including years of strict export control…

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