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The Taiwan Semiconductor Manufacturing Company’s Fab 20, which specializes in the production of 2-nanometer advanced chips, in Hsinchu, Taiwan, on March 28, 2026. (Getty Images)
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The Nimitz-class aircraft carrier USS Theodore Roosevelt transits the Philippine Sea on April 5, 2024. (DVIDS)
The United States Department of Defense is unlikely to get the sustained funding required to achieve its desired scale and capabilities. Therefore, maintaining costs will be a central challenge for the department. Norm Augustine warned several decades ago about the punishing increases in platform costs, and operating costs have continued to climb. What capital and operational strategies should the department consider? To what extent should the DoD be concerned about deferred costs like veterans’ benefits? And how might the Pentagon address political and cultural obstacles to change?
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Please join Hudson Institute for a fireside chat between Hudson Senior Fellow Nadia Schadlow and Deputy Assistant Secretary for Industrial Base Growth and Director of the Office of Small Business Programs James Mismash.
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Please join Hudson Institute Senior Fellows Bryan Clark and Dan Patt for a conversation with Under Secretary of War for Research and Engineering Emil Michael about the Department of War’s efforts to bring AI to the battlefield and implement an innovation strategy that makes the most of America’s commercial and government research sectors.
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(Screenshot via YouTube)
