The U.S. defense industry has lost the ability to build quickly and effectively.

The U.S. defense industry has lost the ability to build quickly and effectively.

Wasteful spending and byzantine regulations keep the U.S. military stuck in a failing status quo.

President Lai Ching-te says the spending, which must be approved by the island’s legislature, would fund purchases of arms from the United States.

Neros, a company founded in 2023 by former teenage drone racers, won a coveted Army contract and is gaining popularity in the defense sector.