The separation of commercial and defense innovation since the 1970s has led to a decline in the effectiveness of the defense industrial base.

In the defense sector, many companies have become less innovative due to consolidation, creating opportunities for new entrants to disrupt the market.

The current defense procurement system is overly complex and needs to be simplified to allow for more effective and timely innovation.

As taxpayers, veterans, and founders, we should want a competitive environment in defense contracting to address challenges faster and effectively.

The American defense manufacturing system is burdened by a five-year plan, similar to a communist approach, which stifles innovation and competition.

The consolidation of the banking industry post-2008 has led to fewer new banks being created, which limits competition and innovation.

To reduce costs in defense manufacturing, we need to shift from creating high-end, exquisite products to producing lower-cost items with interchangeable parts.

Historically, the American industrial base was integrated, with companies like Chrysler and Ford contributing to both commercial and defense sectors, which fostered innovation.

The current administration is focused on efficiency, making it a pivotal time for dual-use technology, which allows us to leverage commercial advancements to subsidize defense work.