Current defense planning is predicated on the overlap of two short (less than 90 days) major regional contingencies. We believe the current U.S. munitions stockpile, coupled with the production of precision weaponry, appears marginally adcquate to meet this requirement. However, trends point to a time in the near future when the U.S. Munitions Industrial Base (MIB) might not be capable of sustaining the quality and quantity of munitions required in a prolonged national emergency such as a short war "gone long." Clearly, the munitions industry is at a critical juncture. It can be allowed to atrophy or, in partnership with government, adapt and remain a viable element of our nation's defense. Prudent ways must be found to keep a minimal MIB capability aimed at producing preferred munitions, leveraging the stockpile through weapons enhancements and streamlined logistics systems, aggressive research and development (R&D) funding, greater global competitiveness, and ensuring a postconflict rapid munitions replenishment.
ICAF Industry Studies 1997