The consolidation of defense contractors has led to a lack of competition, which is a root cause of inefficiencies in the defense industrial base.

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

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

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.

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

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

The cost-plus pricing model in defense contracting is detrimental to innovation, as it removes the incentive for entrepreneurs to invest in new technologies.

Most skilled labor in the defense industrial base is aging, with an average age of 62, which poses a challenge for manufacturing components for critical defense hardware.

Investing in defense tech is booming, but the market is not as limitless as it seems; there are mature and emergent competitors, and the available budget is often more constrained than perceived.