Troy Meink: “This budget takes full advantage of multi year procurement…”

“Second, production, particularly of munitions. We retain enough munitions worldwide to meet mission needs. We strongly need factory lines to sustain that and bolster our stockpiles. Therefore, This budget takes full advantage of multi year procurement for our most critical munitions, totaling 39,000 weapons of all types by FY33. We are also developing munitions designed from the start to be lower cost and faster to build. With advances in technologies, they will nearly be as capable of our high end munitions, but at a fraction of the cost.” (09:05–09:15)

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.