SUPPLY CHAIN RISKS AND MANAGEMENT STRATEGIES IN THE DEFENSE INDUSTRY

Abstract

This study aims to explore the risks within the defense industry supply chain—a realm with limited existing research. The focus is on understanding these risks, their potential impacts, and evaluating mitigation measures and risk management strategies. The examination encompasses various facets of supply chain risks, categorizing them into supplier-related risks, risks stemming from globalization and foreign dependency, sector-specific risks, and cyber security risks. The study delves into the effects of these risks specifically within the defense industry context. Notably, it also presents actionable measures and determinations related to risk management strategies. The primary contribution of this study lies in providing a comprehensive framework for managing risks within the defense supply chain, emphasizing the "how" rather than just the "what."

Keywords

• supply chain risks
• supplier risks
• foreign dependency
• defense sector
• defense acquisition