Editorial: The New York Times

• The Navy's Constellation project costing $3.5 billion was cancelled without producing any ships.
• America's defense industry has lost the ability to build quickly and effectively.
• United States is at the risk of falling behind China, which has embarked on one of the biggest peacetime military expansions.
• Consolidation of defense industry has led to a decrease in quick and effective production capability.
• There's a requirement for reinvestment into building military hardware and industrial base.
• Depleting workforce and government subsidies have weakened the shipbuilding sector.
• Regulatory issues and bureaucracy have hampered efforts to diversify and pull commercial technology into the armed forces.

Conclusion: In order to remain a military superpower and maintain national security, the United States needs to reform its defense industry, invest into building technical skills, cut down on weapons acquisition bureaucracy and collaborate with International allies.

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