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Business/Financial

Report: Defense-Industrial Base Weakened by Global Competition, Reduced Capacity at Home

By Vivienne Machi

Thursday, October 4th, 2018

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A report released on Friday on the state of the U.S. defense-industrial base paints a grim picture of the varied challenges, both domestic and global, that are eroding the base’s capability to ensure that warfighters are well-prepared for current and future threats.Sequestration, the decline of U.S. manufacturing capability and capacity, cumbersome government business practices, global competition, and industry-wide workforce challenges have all negatively impacted parts of the defense supply chain, according to the report, titled “Assessing and Strengthening the Manufacturing…

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