Seek recognition. Without objection, the gentleman is recognized. Thank you, Mr. Speaker. The defense industrial base is dominated by a handful of massive corporations that have gobbled up competitors. These five companies have a lot of power and responsibility to supply our military. But what are they doing with that power? Are they investing and innovating? They're enriching themselves with stock buybacks and shareholder dividends fueled by public money while shrinking their investments in innovation. (00:21–00:26)
CLAIM
Asserts that five companies are primarily responsible for supplying the military.
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