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Critical minerals, including rare earth elements and metals, are the new oil. The modern world has become accustomed to and dependent on technologies that require rare earth parts. Yet for decades, as the U.S. fought and won battles against its dependence on foreign oil, it ceded complete control to China for rare earths and most
The Pentagon plans to invest more than $20 billion in munitions in its next budget. But whether the industrial base will be there to support such massive buys in the future is up in the air — at a time when America is expending munitions at increasingly intense rates. The annual Industrial Capabilities report, put
Over the past two decades, the solid rocket motor (SRM) industrial base has undergone various changes including consolidation and recent expansion. Specifically, since 1995, the industry has consolidated from six U.S. manufacturers to two U.S. manufacturers. With regard to expansion, a foreign supplier entered the market in 2012, and in 2017, a U.S. firm, which