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Contractors sat up and listened to an astonishing speech from a military acquisition leader

FOXNEWS America Reports June 4, 2024 18:39:00

way, though. they are developing weapons at a greater speed and much lower cost than we are. major general cameron holt said this about china. in purchasing power, they spend $1 to our $20 to get to the same capability. we are going to lose if we cannot figure out how to drop the cost and increase the speed in our defense supply chains. john: china has way cheaper labor than we do. is there any way we can compete, can we get the cost down and the speed of production up. part of a larger problem. yeah, you are throwing money at it and a lot of money at it, and you have to do with some emphasis on getting the job done. sometimes i look at the defense department and again, i put the onous on the military, they said well, it s just another program, not that important. it is a very important program because it pushes your r and d levels. that s one of the reasons, when we talk about the space force.

US general annoyed over China s military advances

A senior US military official laments China over producing new weapon systems five to six times faster than the American and at a fraction of the cost, achieving a strategic advantage that Washington cannot afford to ignore.

Catalyst for economic collapse : Economics & Finance - Page 10 - Peak Oil News and Message Boards

Catalyst for economic collapse : Economics & Finance - Page 10 - Peak Oil News and Message Boards
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Phenomenally Fast! 6 Times Faster Than U S, China Acquiring State-Of-Art Weapons At Breakneck Speed

Phenomenally Fast! 6 Times Faster Than U S, China Acquiring State-Of-Art Weapons At Breakneck Speed
eurasiantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiantimes.com Daily Mail and Mail on Sunday newspapers.

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