All in favour say aye . Aye. I move not to discuss anything closed in closed session. Second. All those in favour. Aye. Aye. Madame secretary . The pledge of allegiance. I pledge of allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Please be advised that the ringing of the use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advise that the chairman ordered the removal from the meeting room of any person responsible for the ringing of or use of a cell phone, pager and other soundproducing electronic device. Please be advised that the member of the public has up to three minutes to pertinent Public Comments on each agenda item unless there is a shorter period on any other item. Item eight on Public Comments not listed on the agenda. I dont have any cards. Is there any Public Comment on anything not listed on the
Results of the survey so stay tuned. So let me set the stage for a few minutes on a project on cyber enabled Economic Warfare really got started. It really had its genesis back in the 1990s in discussions with incredible smart people at the Smith Richardson foundation that is sponsored this work, but the intersection of economic and security. In 1997 the Asian Financial crisis it, remember . Began in thailand and the contagion quickly spread to indonesia, south korea, malaysia, the countrys throughout the region. Foreign debt to gdp ratios rose over 180 during the worst of the crisis. Writes occur, governments fell. The causes of the crisis were varied but most experts think it was the combination of crony capitalism, and economic bubble flooding the market with cheap money, and a simultaneous slump in semiconductor values with the rise in u. S. Dollar. What would it mean to relations, taiwan and china . What would it do to radical groups . It was the malaysian Prime Minister at the ti
In a natural relationship. But that being said, you dont want to create the government has a responsibility to the taxpayer to be fair and to be transparent. You have to do that. The question becomes how can you do that but at the same time give industry the flexibility to do what they need to do . I dont know there is a good answer which is why acquisition reform has been a buzzword for decades and continues to be something we continue to strive for and continue to struggle with. But i would say that is probably the hard problem of the century. But nevertheless it is something we have to continue to strive to get better because there is a balance between letting industry innovate and letting industry take responsibility and put goods into the hands of the war fighter that meet the war fighters needs and making sure that the responsibility to the taxpayer is upheld. So before i go, let me follow up with a specific question. Is there one word, based on your current understanding of wher
Hamiltons vision is alive and well because his letter to those commanders resonates with each and every person in the coast guard. Ill now read my notes no, actually im done with that. And what id like to do is open it up to question and answer. [ applause ] and now the fun part. Some of the questions have been quite interesting, admiral. Lets see. Senate Armed Services Committee Members are concerned that russia has 40 arctic icebreaker ships and america has one. Is that going to change and when . I know you addressed that a bit earlier. Yeah. So as i stand before you today, i have one of my vice admirals is with the National Security staff up in the arctic to see firsthand what some of the challenges are up there. When youre up in barrow, alaska, you now see berms being built because you used to have a natural berm, a barrier, if you will, by all of the ice. So youre seeing a lot of coastal erosion. Youre seeing a nearly threefold increase in human activity up there, but you look at
Are moving away from a hardwareladen approach to more software to having digital things early in the cycle. Thats kind of like maybe a crude summary of what you said, but can you elaborate on what you need by that and implications for how the u. S. Does business in that field . Because the three questions were put so succinctly. There was one more hand and ill bring that into the mix and then well just wrap up. Hi. My name is steve barron. Im a soldier and defense fellow though my remarks are my own here. Would i like to see if i can get remarks specifically as they relate to 3d printing and energetic materials. As we look forward we head a lot of discussion about cold. Ry and carts i was wondering with airdrop munitions so they can be more tailored and adapt adaptable and more efficiently placed in the hands of the war fighters. To kind of zero in, opportunities and efforts, whats going on right now that you know of merits of this kind of research and effort and lastly Defense Industr