President Joe Biden invoked the Defense Production Act on Monday to surge the domestic production of certain technologies utilized by the Department of Defense.
The announcement comes as part of the Biden administration's efforts to reduce U.S. reliance on foreign producers of national defense components.The president signed a waiver in February reducing some statutory requirements with the aim of allowing the Pentagon"to more aggressively build the resiliency of America's industrial base and secure its supply chains."
"Without Presidential action under section 303 of the Act, United States industry cannot reasonably be expected to provide the capability for the needed industrial resource, material, or critical technology item in a timely manner," he continued."Purchases, purchase commitments, or other action pursuant to section 303 of the Act are the most cost-effective, expedient, and practical alternative method for meeting the need.
The White House did not immediately answer questions about whether the administration had already brokered contracts with domestic suppliers for the affected parts.
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