As you know, everyone in this room knows building the arsenal of freedom will not happen overnight. And it will require considerable investment and resolve to expand the Department's buying power. As you're all familiar, The cycle of annual budgets limits the department from providing long term demand signals to industry. However, there's a world of opportunity with alternative investment strategies to expand our industrial base. (43:18–43:25)
CLAIM
Asserts that annual budget cycles limit the Department of War's ability to provide long-term demand signals.
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.
