US Navy

"Even the military-industrial complex looks challenged. The United States spends [nearly $1 trillion a year on defense](private://read/01k3jwt46q240aq6fe12mqkyr0/16_Notes.xhtml#_idTextAnchor372), about as much as the next ten countries combined. The return on this investment is not clear. In the aftermath of Russia’s invasion, Ukraine blew through several years’ worth of American munitions stockpiles in a matter of months, and American factories have struggled to scale up production. Fighter jets have faced enormous delays and cost overruns. The US Navy has reported that every single class of its ships and submarines is [one to three years behind schedule](private://read/01k3jwt46q240aq6fe12mqkyr0/16_Notes.xhtml#_idTextAnchor373)."

"Even the military-industrial complex looks challenged. The United States spends [nearly $1 trillion a year on defense](private://read/01k3jwt46q240aq6fe12mqkyr0/16_Notes.xhtml#_idTextAnchor372), about as much as the next ten countries combined. The return on this investment is not clear. In the aftermath of Russia’s invasion, Ukraine blew through several years’ worth of American munitions stockpiles in a matter of months, and American factories have struggled to scale up production. Fighter jets have faced enormous delays and cost overruns. The US Navy has reported that every single class of its ships and submarines is [one to three years behind schedule](private://read/01k3jwt46q240aq6fe12mqkyr0/16_Notes.xhtml#_idTextAnchor373)."