Forces Shaping the US Defense Industry
William Lucyshyn and
Institute on Global Conflict and Cooperation, Working Paper Series from Institute on Global Conflict and Cooperation, University of California
With the US military’s technological edge eroding, the US Department of Defense (DoD) has embarked on a path to renew its superiority through the implementation of its Third Offset Strategy. Implementationwill require a vibrant and innovative industrial base; however, external forces are actively shaping the US defense industrial base and limiting its capabilities. This brief explores some of these forces―including continued budgetary pressure, downward trends in research investment, a growing regulatory burden, and a reluctance to embrace globalization―and offers suggestions for a course of action for policymakers.
Keywords: Social and Behavioral Sciences; China; United States; Third Offset Strategy; military technology; competitive strategy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:globco:qt5n80302d
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