The Defense Department will release its first defense industrial strategy by the end of the year to better utilize the defense industrial base, while helping to secure supply chains to ensure the DoD is well prepared for the future.
The strategy will focus on four key pillars, said Justin McFarlin, the deputy assistant secretary of Defense for industrial base development and international engagement: resilient supply chains, workforce readiness, flexible acquisition and economic deterrence.
McFarlin said that supply chain and workforce are issues also affecting industry, which is still experiencing the impact of the COVID-19 pandemic and retention challenges.