The U.S. defense industrial base is increasingly at risk, specifically from China, and in need of new, direct investments at the subcontractor level to prevent single points of failure and dependence on foreign sources, according to a long-awaited Pentagon report commissioned by President Trump. The Defense Department, which led the industrial base assessment following a July 2017 executive order, makes three broad assertions in the report: the United States has a “surprising level” of foreign dependence on “competitor nations”; there...
