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Prepare for Supply Chain Disruptions
Identifying and addressing the vulnerabilities in global sourcing, particularly in relation to potential economic shutdowns in China, is critical for companies like Raytheon and Boeing. There is a pressing need for comprehensive preparation to ensure the continuity of supply chains, especially regarding critical minerals. The potential for widespread economic disruptions necessitates proactive planning not just for companies but also for the wider U.S. economy and its allies. Despite heightened concerns, there seems to be a gap between acknowledging these risks and taking substantial steps to mitigate them, raising worries about the effectiveness of current government and defense strategies in addressing these looming challenges.