Radar Open Radar

️🇺🇸WSJ: Steve Feinberg, leading an ambitious effort to overhaul the Pentagon's arms procurement and expand production amid shortages related to the war with Iran.

wfwitness · Source

️🇺🇸WSJ: Steve Feinberg, leading an ambitious effort to overhaul the Pentagon's arms procurement and expand production amid shortages related to the war with Iran.

️🇺🇸WSJ: Steve Feinberg, leading an ambitious effort to overhaul the Pentagon's arms procurement and expand production amid shortages related to the war with Iran.

In his first interview since becoming deputy secretary of war, he explains that the initiative includes plans to invest billions of dollars in critical suppliers, hire hundreds of private sector manufacturing experts and bring in consulting and data analysis firms to improve efficiency.

The approach drew criticism for possible conflicts of interest and the use of companies linked to Feinberg's former investment firm, Cerberus Capital Management.