US Envoy Warns American Defense Firms Pose Greater Security Risk Than China - PRESS AI WORLD
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US Envoy Warns American Defense Firms Pose Greater Security Risk Than China

share-iconThursday, January 09 comment-icon1 week ago 7 views
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US Envoy Warns American Defense Firms Pose Greater Security Risk Than China

Credited from: SCMP

  • Outgoing US envoy to Japan, **Rahm Emanuel**, states that American defense firms are jeopardizing national security.
  • He criticizes these companies for prioritizing **stock buy-backs** over investing in production capacity, causing delays in weapons deliveries.
  • Emanuel believes the **defense industry poses a greater risk** to the US than China, highlighting the negative impact on American alliances.
  • He suggests banning stock buy-backs for defense contractors that fail to meet delivery deadlines to increase accountability.
  • With rising geopolitical tensions, the US has also accelerated **weapons shipments** to allies amidst ongoing global conflicts.

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