Defense Industry Challenges and Opportunities
Abstract
In conclusion, my thoughts regarding the modernization of our nation's defenses can best be summed up as follows: One, there will be continuing pressures to limit defense spending for this reason, I am not optimistic about maintaining current spending levels, much less any significant increases in defense budgets. Two, the Department of Defense is committed to "freeing up" additional resources by cutting excess infrastructure, privatizing support functions and re engineering our logistics processes looking across the defense program, though, I believe that these actions will generate enough investment funds to meet our needs. Three, we need to pursue a realistic, long term strategy for stretching the defense modernization dollar this must include leveraging the commercial sector as well as the industrial base of our allies and reliable friends. Four, we have made substantial progress in moving from separate defense and commercial industrial sectors to an integrated national industrial base but there is still much more to do I need your help in convincing the Congress to support initiatives like the Dual Use Applications Program and the Commercial Technology Insertion Program. And Five, greater armaments cooperation with our friends and allies will be necessary for promoting interoperability of coalition forces, for obtaining "best value for the dollar," and strengthening the connective tissue between our respective nations. There is no single "silver bullet" that we can rely on to maintain the technological superiority of US forces at an affordable cost. Instead, we are going to pursue a deliberate, carefully crafted and multifaceted investment strategy to create a legacy for US forces in the year 2010
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 11, 1996
- Accession Number
- ADA340192
Entities
People
- Paul G. Kaminski
Organizations
- Office Of The Under Secretary Of Defense