The U.S. defense industrial base is not adequately prepared for the international security environment that now exists. In a major regional conflict--such as a war with China in the Taiwan Strait--the U.S. use of munitions would likely exceed the current stockpiles of the U.S. Department of Defense. According to the results of a series of CSIS war games, the United States would likely run out of some munitions--such as long-range, precision-guided...