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Pentagon

Trump-Ordered Industrial Base Study Finds Defense Industry At Risk

Monday, February 26th, 2018

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Trump-Ordered Industrial Base Study Finds Defense Industry At Risk

Norway's first F-35A, called AM-1, is in production at the Lockheed Martin Fort Worth, Texas assembly plant. Photo: Lockheed Martin.

A multi-agency task force studying U.S. military contractors has an April 17 deadline to deliver its report, but has already identified some causes for concern over the health of the domestic defense industrial base.The Defense Department’s spending has been hampered and made erratic by nearly a decade of fiscal years begun with stopgap funding measures and the ongoing threat of across-the board sequestration budget cuts, according to Jerry McGinn, principal deputy director of the Office of Manufacturing and Industrial Base…

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Congress

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