Defense Budget and Acquisition

CSIS experts track the foremost budget issues in the defense policy sphere, exploring trends in the overall defense budget, military readiness, force structure, defense acquisition, and military compensation in a broader effort to assess the alignment of the country’s defense strategy and its resources.

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Photo: DANIEL SLIM/AFP via Getty Images

Photo: DANIEL SLIM/AFP via Getty Images

What to Expect from Secretary Hegseth’s November 7 Speech on the Arsenal of Freedom

Secretary Hegseth’s upcoming “Arsenal of Freedom” address signals a possible historic shift in U.S. defense acquisition and the industrial base—aimed at undoing decades of consolidation, revitalizing industrial capacity, and reforming how the Pentagon delivers capabilities to the warfighter.

Commentary by Jerry McGinn — November 5, 2025

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Jerry McGinn
Director, Center for the Industrial Base and Senior Fellow, Defense and Security Department