aerospace / news / / NDTV Profit
The Trump administration is exploring a World War II-style mobilisation of US industry.
The Trump administration is discussing a WWII-style industrial mobilization for rapid weapons production.
KEY POINTS
- Senior defense officials have held talks with GM, Ford, GE Aerospace, and Oshkosh about expanding output.
- The Pentagon has tasked manufacturers with identifying procurement and regulatory obstacles to defense contracts.
- Talks on increased weapons production began before the Iran conflict escalated but have become more urgent.
- A proposed $1.5 trillion Pentagon budget emphasizes funding for munitions and drone manufacturing.
COMPANIES
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