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Pentagon

DoD Fiscal 2024 Budget Likely to Address Shoring Up Industrial Capacity to Respond to Surge Demands

Frank Wolfe

Tuesday, February 28th, 2023

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DoD Fiscal 2024 Budget Likely to Address Shoring Up Industrial Capacity to Respond to Surge Demands

Soldiers fire a howitzer during training in Hawaii on June 23 last year (U.S. Army)

One of the central thrusts of the upcoming DoD fiscal 2024 budget is likely to be building industrial capacity to satisfy surge demands for materiel in response to requests from allies, such as Ukraine, and to U.S. deterrence and conflict needs. This month, the National Defense Industrial Association (NDIA) released its Vital Signs 2023 survey of more than 170 NDIA member companies, the association said. According to the NDIA survey results, "only 14 percent" of the companies "thought defense contracting…

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