| Summary/Abstract |
United States support for Ukraine and preparation for a potential, likely protracted, conflict with China has drawn attention to the fragility of the U.S. defense industrial base. Since the end of the Cold War, the American defense industry has optimized for peacetime and low-attrition conflicts, prized efficiency and cost-savings over capacity and flexibility, and incentivized short-run returns over resilience and innovation. While this design may have made sense in a period of undisputed U.S. dominance, the rise of the People’s Republic of China as a peer competitor and the emerging demand that the U.S. deter and, if necessary, win one or more protracted conflicts requires that Washington take a more intentional and direct role in shaping the capability, capacity, and resilience of the U.S. defense industrial base.
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