Good morning. This hearing of the subcommittee on readiness and management will come to order. Subcommittee meets today to receive testimony from undersecretary defense for acquisition and sustainment, ellen lord concerning supply chain integrity fourth apartment of defense in the United States. Since her initial confirmation as the under secretary of defense secretary lord has oversensitive give acquisition reform at the department of defense and i am sure we will talk about some of that today. As the u. S. National armament director she has traveled to see the u. S. Throughout the u. S. And the to see our allies and partners with regards to the development and Manufacturing Activities around the world and unfortunately has seen how reliant the u. S. Defense Industrial Base chain has become particularly as it relates to china. With the rise of china and Great Power Competition and the Global Pandemic the vulnerabilities and gaps in our supply chain particularly as it relates to the Na
Subcommittee meets today to receive testimony from under secretary of defense for acquisition and sustainment, ellen lord, concerning supply chain integrity for the department of defense in the United States. Since our her initial confirman as the undersecretary of defense, secretary lord has overseen significant acquisition reform at the department of defense, and a chill well talk about some of that today. As the u. S. National armaments director she has traveled to see the u. S. , throughout the u. S. And to see our allies and partners with regard to the development and Manufacturing Activities around the world, and, unfortunately, has seen firsthand just how reliant the u. S. Defense Industrial Base chain has become come to class relates to china. With the rise of china and Great Power Competition of the global covid19 pandemic, the vulnerabilities and gaps in our supply chains particularly as relates to National Security have taken on a new urgency. What you think Ranking Member k
Thank you. Im kathleen hicks. I direct the National Security program here. Our ceo wanted to be here this morning to welcome the commandant, but hes been under the weather, so i get to both moderate the conversation and also do that. Before i begin, i just want to remind everyone that this is the fourth of our Maritime Security dialogue series of 2019. Our Maritime Security dialogue is cohosted between csis and our partners at the u. S. Naval institute. And our goal is to highlight Current Issues and future challenges facing the navy, marine corps and coast guard. I want to thank our sponsor, Huntington Ingalls industries who has made this possible. Today were talking with admiral karl schultz, a commandant of the marine corps. And i want to get right into it. We were lucky enough to have you join us in august of 2018. Pete daily was the moderator for that session and here we are a yearplus beyond that, a few months beyond that when you began which was roughly may 2018. I would love to
The cac is up and the footstsef. The yields something weve been watching closely ticking up a little more like it was yesterday and that was a big difference in yesterdays market rally compared to the risk on tone to the sector performance. Thanks for that if youre looking for a negative, we did come off the highs. A couple of offsets, but it was a more constructive. Were getting back. Ill tell you. I can tell you week ago whats a week ago when i was sitting in for melissa, everyone was bearish. Really . Monday was a big week. It was the s p 500 and nasdaq both down. But that had been after six straight five or six straight weeks, so everyone was bearish the guy from Morgan Stanley, very bearer . Oh, i remember. Swell see. Bo jo, ten more people backing him. He had powder all over his nose. Thats derailed his campaign. Really . Theyre down to ten candidates. Ten. Boris johnson will make the final two. Less than the democrats you know, watching what happens in italy and all these other
Coxs supportspan as aublong wr television providers. Giving you a front row seat to democracy. A discussion on the air force and its efforts in space assistant air force secretary for Space Acquisition frank also talks about the recent commercial spacecraft landing on the moon. This is about an hour. [background noises] [bac welcome. Im the director of the Defense Industrial Initiative Group here at the center for Strategic International studies. I am delighted to be able to welcome you to this event. The importance of executing Space Acquisition programs. It is a true privilege to be able to introduce the honorable frank the assistant secretary of the air force for Space Acquisition and integration. Secretary it serves as a source Acquisition Executive for Space Systems and programs within the department of the air force. And as the chair of the Space Acquisition council. Before his current role secretary served as the Principal Deputy directoror of e National Reconnaissance office ha