The Navy has spent $300 million in Defense Production Act funding over the past three months to strengthen its supply chains, according to the service's acquisition executive. The money has gone to "either creating some resilience out of the existing supply chain or looking for opportunities to bolster and increase our supply chain where we see some fragility," Hondo Geurts told reporters today following his speech at Modern Day Marine, which was held virtually this year. "Many of them [opportunities]...
