The U.S. industries responsible for the production of military weapons systems show “a number of vulnerabilities,” a White House report revealed Thursday, according to a senior administration official. The 107-page report identifies at least 300 specific vulnerabilities -- including a major issue regarding the skilled-labor gap that the administration says “demand(s) immediate action.”
In March 1983, President Ronald Reagan delivered an Oval Office speech to announce his Strategic Defense Initiative -- or as it was dubbed by critics, “Star Wars.” He proposed a space-based missile defense program that would have placed infrastructure featuring high-powered lasers, beams of atomic particles, and rocket interceptors in orbit to shoot down enemy missiles before they reached the United States.
The U.S. and China may be at odds on trade, but both are lining up to crack down on big tech, according to an analyst. "I think this is actually wrapped up in the trade issue, which is around national security and tech companies," Michael Hessel, political economy analyst at Absolute Strategy Research, told CNBC's "Squawk Box Europe" on Thursday.
Concern about Chinese influence operations on American campuses hit a new high this year after officials at Arizona State University bragged about mixing the school’s Pentagon-funded Chinese language programmes and its Chinese Communist Party-funded Confucius Institute. Now, all US institutions may have to choose between Washington or Beijing paying for its students to learn Chinese.
Anduril Industries Chairman Trae Stephens on the U.S. tech sector pushing back against the Pentagon.
In coming months, Defense Department leaders plan to stand up three of the four components of the new Space Force: a new combatant command for space, a new joint agency to buy satellites for the military, and a new warfighting community that draws space operators from all service branches.
The John S. McCain National Defense Authorization Act, which must also be approved by the Senate, passed the House by a vote of 359-54. While the measure puts controls on U.S. government contracts with ZTE Corp and Huawei Technologies Co Ltd because of national security concerns, the restrictions are far weaker than initially drafted.
“As China continues to challenge United States hegemony, it is imperative that our institutions of higher education collaborate effectively with” the government to “ensure that sensitive, academic-rooted R&D is protected and is not being exported to near-peer competitors,” U.S. Sen. John Cornyn, R-Texas, and six of his colleagues said in a July 18 letter to the House and Senate Armed Services committees advocating for the change.
China continues to steal intellectual property and trade secrets from U.S. companies for its own economic advancement and the development of its military but “at lower volumes” since the two countries forged an agreement in 2015 meant to curb the practice, according to a report published Thursday by American intelligence agencies.
U.S. Senate and House negotiators reached agreement on Monday on a $716 billion defense policy bill, which includes provisions on tightening foreign investment scrutiny and telecommunications security in addition to authorizing military funding.