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The U.S. Navy is creating a council aimed at countering “hostile economic activity” that harms the Navy and Marine Corps, including intellectual property theft and supply chain exploitation, according to the Navy secretary. That’s what it means.
Carlos del Toro said Thursday that the Maritime Economic Deterrence Executive Council is needed because other countries are taking steps that threaten naval technology development and supply chains.
He cited “exploitation of supply chain vulnerabilities, hostile capital investments in companies developing technology critical to our fleet and our military,” and ongoing “intellectual property theft.” “This is a joint action aimed at weakening our country’s competitive advantage not only at sea but also at sea.” The world economic stage. ”
Del Toro said at an Aspen Strategy Group event in New York that the new council will be co-chaired by Vice Adm. Francis Morey, chief uniformed advisor for the Navy acquisition community, and Chris Diaz, chief of staff to the secretary of staff. .
The council includes representatives from the research and development community, supply chain and critical infrastructure experts, and intelligence and law enforcement agencies within the Department of the Navy.
Del Toro said the group will leverage powers already granted to the department to “mitigate the risk of hostile foreign investment, protect innovation and technology, address supply chain integrity, and protect governments and nations. “We will focus on coordinating and safeguarding research activities across both.” private sector. “
Speaking at the same event, Morley said the group had held its first meeting to discuss the challenges ahead. He said the meeting revealed that each community is taking its own steps to protect intellectual property, research and supply chains, but that more can be accomplished by working together. He said that there is.
Del Toro said the creation of the council follows other efforts by the Biden administration to strengthen the “seams” between the military, the traditional defense industrial base and the innovation sector.
He cited the CHIPS and Science Act of 2022 as early steps to ensure U.S. independence in critical technology and manufacturing sectors.
This month, the White House Office of Science and Technology Policy released a 2024 list of critical and emerging technologies of national security importance, including artificial intelligence, hypersonics, and quantum information.
And he added that the Pentagon last month released the first-ever National Defense Industrial Strategy, which outlines how to modernize the defense sector.
Megan Eckstein is a naval warfare reporter for Defense News. She has reported military news since 2009, focusing on U.S. Navy and Marine Corps operations, acquisition programs, and budgets. Geographically she reports from four fleets and she is happiest when she is filing articles from ships. Megan is a graduate of the University of Maryland.
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