The invasion of Ukraine has exacerbated critical deficiencies in America’s defense industrial base.
Excerpt
These challenges highlight an even more serious concern: The U.S. defense industrial base is inadequately prepared for the wartime environment that now exists. It is operating in a peacetime environment. In a major regional conflict—such as a war with China in the Taiwan Strait—U.S. munitions needs likely would exceed Pentagon plans and stockpiles.
…The Pentagon also needs to focus on targeted investments in key munitions and weapons systems, such as long-range precision strike and integrated air and missile defenses. These investments should include signing multiyear contracts.