Redesign for Supply Chain
Redesign for supply chain:
As the global defense industry navigates the aftermath of the COVID-19 pandemic, signs of supply chain recovery are emerging, providing a glimmer of optimism for major defense programs. Raytheon Technologies’ CEO Greg Hayes acknowledges improvements, particularly in the electronics supply, yet highlights ongoing challenges in acquiring rocket motors, impacting weapon production. The defense firms proactively address challenges by renegotiating contracts, exploring alternative parts, and redesigning components. However, the Space Development Agency faces persistent supply chain obstacles, potentially delaying satellite launches. Despite concerted efforts and redesigned products, challenges persist, emphasizing the complex and ongoing nature of global defense supply chain issues.
QUESTION:
How do we address the DMSMS (diminishing manufacturing suppliers and material shortage?