Upcoming Strategy to Outline Agency s Supply Chain Security Approach globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
Brent is a senior fellow for naval warfare and advanced technology at The Heritage Foundation. U.S. President Joe Biden holds a semiconductor during his remarks before signing an Executive Order on the economy on February 24, 2021 in Washington, D.C. Doug Mills / Pool / Getty Images
Key Takeaways
Today the United States relies on other foreign-sourced strategic materials that will have to be secured in times of crisis or conflict.
Failure to manage the supply of these critical components can bring an entire industry to a standstill as is playing out today in the auto industry.
While the U.S. government has come to realize in recent years the danger posed to the defense supply chain, more is needed.
The U.S. government has been trying to secure strategic materials by categorizing them as protected from foreign predatory practices, expanding domestic production, and strategic stockpiling.