First instalment of Janes Defence Industry Conversations sees Hon. David Trachtenberg discuss the impact of Covid-19 on US defence priorities, while defence budgets data from Janes reflects the likely squeeze on military spending
LONDON – Speaking in Janes inaugural Defence Industry Conversation, Hon. David Trachtenberg reinforced the need to work together in order to protect US security interests in light of Covid-19. The new webinar series from Janes brings together experts – such as the former U.S. Deputy Under Secretary of Defense for Policy– to discuss the most pertinent issues affecting the defence industry.
Trachtenberg discussed the implications any disruption in the supply chain has on the defence industry, whilst also noting that multi-national initiatives such as the F-35 programme are crucial to US defence success.
“Global partners are essential to American security. By partnering with others, especially on sophisticated high technology products that will improve the American competitive edge, the United States can distribute our programme costs more broadly and more equitably,” said Hon. David Trachtenberg in a conversation with Janes head of industry, Doug Dixon. “Failing to do that simply increases the cost for the American taxpayer.”
Trachtenberg further stressed the need for government to work with private industry.
“How well prepared the defence enterprise is to deal with threats – such as Covid-19 – depends on the ability of government and the private sector to work together to confront challenges,” said Trachtenberg.
What next for the world’s largest defence budget?
Janes notes that the impact of the American political situation has high impact on American security policy and defence discretionary spending.
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