The Munitions Industrial Base (MIB) includes conventional munitions, precision guided munitions (PGMs), weapons of mass destruction (WMD), and munitions of the future. Each presents unique industrial challenges to our ability to supply the munitions needed to support the National Military Strategy. The issue for conventional munitions is the US' ability to replenish our stockpile in time for a second conflict. The study group believes that the conventional MIB is able to provide adequately for the Nation's needs although specific areas require attention. For PGMs, the government must monitor the consolidation of the industry to ensure continued American technological superiority and fair competition. For the nuclear component of WMD, the issue is whether the Department of Energy will be able to assure the reliability of the warhead stockpile. Munitions in developmental stages must be pursued to provide our war fighters the best munitions possible. Foreign sales of US munitions and potential offshore purchases of munitions or components must be a key aspect of our industrial policy.
ICAF Industry Studies 1998