Accession Number : ADA264624


Title :   Defense Industrial Base: An Overview of an Emerging Issue


Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a264624.pdf


Report Date : Mar 1993


Pagination or Media Count : 17


Abstract : DOD has taken the position that free market forces generally will guide the restructuring of the defense industrial base. We believe that this is not a realistic strategy for ensuring that government decisions and industry adjustments will result in the industrial and technological capabilities needed to meet future national security requirements. A key reason for this is that defense company officials are understandably concerned with maximizing the returns for investors and are not specifically accountable for how the long-term changes in the defense industrial base affect national security. In recent guidance, DOD reiterated its free market strategy but stated its intention to assess and monitor the defense industrial base and take action to preserve a needed critical capability in those 'exceptional situations' where it may be lost and cannot be recovered in time to meet an emerging threat.


Descriptors :   *INDUSTRIAL MODERNIZATION , *INDUSTRIAL RELATIONS , DEPARTMENT OF DEFENSE , INTERNATIONAL TRADE , FOREIGN MILITARY SALES , NATIONAL SECURITY


Subject Categories : Government and Political Science


Distribution Statement : APPROVED FOR PUBLIC RELEASE