Conversation

1/ A few takeaways from our recent episode of “Securities” with James “Hondo” Geurts about the crisis in the defense industrial base:
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2/ America spends more money on defense than ever. Despite those dizzying appropriations, America is now down to just 5 big prime defense contractors, consolidated from dozens during the Cold War.
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3/ As the stakes have grown for American defense, there are increasingly acute concerns about what our diminished capacity for defense means for the country’s long-term security.
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4/ The American military makes some of the most exquisite defense products in the world but quality can’t always outfight quantity.
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