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The President’s Inbox

Are We Ready? | America’s Crumbling Defense Industrial Base, With Kathleen Hicks

The President’s Inbox

Council on Foreign Relations

Politics, News:politics, News

4.4734 Ratings

🗓️ 17 December 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Kathleen Hicks, former Deputy Secretary of Defense and a senior fellow at the Harvard Kennedy School’s Belfer Center, the Johns Hopkins University’s Kissinger Center for Global Affairs, and the Chicago Council on Global Affairs, sits down with James M. Lindsay to discuss how the U.S. defense industrial base has struggled to keep pace with the demands of renewed great power competition.   This is the ninth episode in a special series from The President’s Inbox, bringing you conversations with Washington insiders to assess whether the United States is ready for a new, more dangerous world.   Mentioned on the Episode:   Mark Bowden, "The Crumbling Foundations of America's Military," The Atlantic   For an episode transcript and show notes, visit The President’s Inbox at: https://www.cfr.org/podcasts/tpi/are-we-ready-americas-crumbling-defense-industrial-base-kathleen-hicks

Transcript

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0:00.0

Three, two, one.

0:03.0

The world has turned dangerous.

0:05.0

Is the United States prepared to meet the new challenges it might face?

0:08.0

In this special series from the President's inbox,

0:11.0

we're bringing you conversations with Washington insiders

0:14.0

to assess whether the United States is ready for a new, more dangerous world.

0:28.6

How long could the United States fight if a major power war began tomorrow? Can the United States replenish its weapons stocks quickly, unreliably?

0:32.6

Can it supply its allies and partners in time of need?

0:35.6

During World War II, the United States was the arsenal of democracy, arming itself and

0:40.1

its allies to defeat Nazi Germany in Imperial Japan.

0:43.6

But since the Cold War ended, America's defense industrial base has atrophied while procurement

0:48.3

costs have ballooned.

0:49.6

The production of new weapons regularly runs behind schedule and over budget, even as the war

0:53.8

in Ukraine has shown

0:54.8

that sustained warfare can quickly deplete weapon stocks. Can America's defense industrial base be rebuilt,

1:01.1

or will doubts about Washington's ability to sustain its military force invite aggression?

1:07.9

From the Council on Foreign Relations, welcome to the president's inbox. I'm Jim Lindsay.

1:13.9

Joining me today is Kathleen Hicks, former Deputy Secretary of Defense, and a senior fellow

1:19.8

at Harvard Kennedy School's Belford Center and at John Hopkins University's Kissinger Center

1:25.7

for Global Affairs. Kath, thanks for joining me.

1:29.5

Yeah, Jim, it's a pleasure to be here. And I do want to just give the Chicago Council on

1:35.3

Global Affairs a shout out since I'm also a distinguished fellow there. Okay, sorry to have missed it.

...

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