Congress and the administration can ensure the principles behind Buy American legislation while also building up the nation’s military readiness and capability, writes Maiya Clark. RestoringAmerica
, higher costs will only serve to limit how much the Pentagon will be able to purchase with its decreased budget.After the Cold War ended with the collapse of the Soviet Union in 1991, defense spending decreased for a time. The number of major U.S. defense contractors decreased from 15 to five as large defense firms began to consolidate.
Not only does this lead to increased risk for defense programs due to the possibility of single points of failure, but firms who hold monopolies over certain goods can charge higher prices.
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