BREAKING: Report Finds U.S. Defense Industrial Base in Decline
2/5/2020
By Yasmin Tadjdeh
The defense industrial base is on a negative trajectory as companies grapple with deteriorating conditions for industrial security and the availability and cost of skilled labor and materials, according to a new report released Feb. 5.
In the report, “Vital Signs 2020: The Health and Readiness of the Defense Industrial Base,†researchers dug into three years’ worth of data, ultimately bestowing the defense industrial base with a worrying low “C†grade. (Read the report here.)
“2020’s mediocre ‘C’ grade reflects a business environment characterized by highly contrasting areas of concern and confidence,†said the report which was compiled by the National Defense Industrial Association — the publisher of National Defense — and its partner Govini. Vital Signs is intended to be an annual report.
https://www.nationaldefensemagazine.org/articles/2020/2/5/defense-industrial-base-earns-c-grade-in-new-report
