Initiatives like the
Trusted Capital program, which connects investors with companies developing new
military technologies, should be expanded. Finally, the Federal Trade
Commission and the Justice Department should increase scrutiny of
defense-industry mergers and acquisitions to limit excessive consolidation.
A well-functioning supply chain depends on a diverse array
of private-sector companies. The viability of those companies, in turn, depends
on a sufficient supply of skilled labor. Upgrading the skills of both service
members and the civilian workforce that supports the military is critical. The
Pentagon should expand digital training for current employees and offer
promotions and higher pay to civilian staff with advanced technical skills.
Congress should boost funding for the department’s Skills Imperative initiative,
which brings together schools and employers to address defense-industry
workforce needs. It should also encourage apprenticeship programs in key
sectors, such as shipbuilding, that lack qualified workers.
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