Presidential Waiver of Statutory Requirements Pursuant to Section 303 of the Defense Production Act of 1950: Reviving the Manufacturing and Defense Industrial Base for Munitions and Minerals
1. Purpose
This memorandum aims to increase the production capacity of munitions, missiles, and critical minerals vital for national defense.
2. Key Actions And Directives
- Increase Production Capacity: Address shortfalls in the production of munitions, missiles, and critical minerals essential for national defense.
3. Important Points
- Use of Defense Production Act Authority: The memorandum is issued under the Defense Production Act of 1950, specifically waiving certain statutory requirements to expedite production.
- Focus on Critical Minerals: Emphasis on boosting domestic production of key minerals including uranium, copper, potash, and gold which are crucial for defense.
- Rationale for Domestic Industrial Base: A strong domestic industrial base is deemed essential for maintaining national security and the integrity of critical infrastructure.
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