NEWS: Trump Signs Executive Order to Secure Critical Defense Supply Chains $MP $USAR $UAMY $UUUU $AREC
Today, President Donald J. Trump signed an Executive Order to secure America’s defense supply chains for the cutting-edge equipment that allows the U.S. to dominate the modern battlefield, particularly, the critical materials and components necessary to manufacture that equipment.
- The Order limits circumstances in which the Secretary of Defense should issue waivers for critical materials from covered nations under 10 U.S.C. 4872, including, in certain cases, requiring mitigation plans to onshore supply chains.
- The Order directs the Department of War to initiate regulatory action requiring more comprehensive supply chain mapping for critical supply chains, as designated by the Secretary of War.
- The Order encourages defense contractors to begin qualifying new domestic sources of critical minerals, materials, and components used in designated national security procurements, from domestic and partner nation sources, while also removing regulatory barriers in the qualification process.
ENDING SUPPLY UNCERTAINTY: President Trump is taking action to ensure America’s continued military dominance and that the U.S. military is the strongest and best-equipped in the world.
The United States military is the most effective and powerful fighting force on the planet and fields the most advanced weapons systems and technologies.
Despite longstanding prohibitions on the use of sensitive materials sourced from geopolitical adversaries, supply chain resilience and domestic production has been historically under-prioritized.
To continue this dominance in an era of renewed great power competition, the United States must secure its supply chains against physical, cyber, and economic subversion.
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@msant531 No news per se…spot antimony price continues to drop and shorts in control here. $UAMY has $108mm in cash and a stock #buyback not out of the question here!