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Under secretary. And the civilian officials from the army. Air force and navy. They discussed military readiness and modernization efforts. This is about two hours. [ inaudible conversations ] Armed Services Committee Meets today to receive testimony on the Department Reform effort. We welcome our witnesses ellen lord under secretary of defense for technology. Mark es per. Secretary of the army. Heather wilson secretary of the air force. And james gerts assistant secretary of the navy for research and development. Acquisition reform is wup of the most important frustrating topics we address. F...

[ inaudible conversations ] Armed Services Committee Meets today to receive testimony on the Department Reform effort. We welcome our witnesses ellen lord under secretary of defense for technology. Mark es per. Secretary of the army. Heather wilson secretary of the air force. And james gerts assistant secretary of the navy for research and development. Acquisition reform is wup of the most important frustrating topics we address. For years, we have been warned that america is losing its technology advantage. I hope you have seen the work on this topic. That is why the department of defense nee...

Sydney, 9 00 a. M. In hong kong. We have the polls and alabama, covering ahead of the special montgomery ahead of the special election. We will talk about the chinese appetite for u. S. Debt. This chart plays into how things have changed in terms of this debt binge on u. S. Treasuries china has had over the past decade, doubling its hold over u. S. Treasuries. That is starting to resolve because of a steady currency. You can see this conference relationship between where the dollaryen Exchange Rate is, and the levels of chinese treasury holdings. We have seen this fading of appetite for holdin...

Mark esper, secretary of the army. Heather wilson, secretary of the air force, and james gurts, assistant secretary of the navy for Research Development and acquisition. Acquisition reform is one of the most important and frustrating topics this committee addresses. For years, we have been warned that america is losing its technological advantage. I hope you all have seen the work by rand on this topic. That is why the department of defense needs acquisition reform. Not just for efficiency or to save money. Simply put, we will not be able to address the threats facing this nation with the syst...

The Senate Arms Services Committee Meets today to receive testimony on the acquisition reform efforts. We welcome our witnesses, ellen lord, mark esper, secretary of the army, heather wilson, secretary of the air force, and james gerts, assistant secretary of the navy for ak we ziglaskk acquisition. I hope you all have seen the work by rand on this topic. That is why the department of defense needs acquisition reform, not just for efficiency or to save money. Simply put, we will not be able to address the threats facing this nation with the system of organized irresponsibility that the defense...