And third, we've had apathy within our defense ecosystem. So we need to introduce new players into our defense ecosystem, drone manufacturers and all sorts of other unique capabilities. And We need to change the way we procure defense systems. So needs to be much faster, it needs to be much more competitive. We need to constantly be innovating. And so the focus of the summit was to bring together the traditional industrial base. We've gone from, from to 1% of global shipbuilding. (00:45–00:51)
CLAIM
Asserts that the U.S. defense procurement process requires significant reform to improve speed and competitiveness.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.