The War Caucus Always Wins
December 8th, 2022Via: The Intercept:
Throughout the Trump and Biden administrations, the U.S. has been on an escalating trajectory toward a new Cold War featuring the prime adversaries from the original, Russia and China. The ratcheted-up rhetoric from U.S. politicians — combined with Russia’s invasion of Ukraine, the tensions between China and Taiwan, and Beijing’s major advancements and investments in weapons systems and war technology — has heralded a bonanza for the defense industry.
Congress will soon vote on a record-shattering $857 billion defense spending bill that authorizes $45 billion more than Biden requested. Included in the National Defense Authorization Act of 2023, finalized on December 6, is the establishment of a multiyear no-bid contract system through which Lockheed Martin, Raytheon, Boeing, and other weapons manufacturers are being empowered to expand their “industrial base” and business. Lawmakers determined that “providing multi-year procurement authority for certain munitions programs is essential,” in part because it will “provide the defense industrial base with predictable production opportunities and firm contractual commitments” to “increase and expand defense industrial capacity.”
