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Stacks of Iranian rials and US dollars sit on a table in Tehran, Iran, on August 6, 2025. (Getty Images)
Defense Strategy
Defense Strategy
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U.S. soldiers move in formation while controlling unmanned vehicles as part of an exercise in 2016 at Marine Corps Training Area Bellows, Hawaii. (Staff Sgt. Christopher Hubenthal/U.S. Air Force)
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Caption: An MQ-9 Sea Guardian unmanned maritime surveillance aircraft system flies over Independence-variant littoral combat ship USS Coronado. (U.S. Navy)
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USS Ronald Reagan (CVN 76) leads a formation of Carrier Strike Group 5 ships during Valiant Shield 2018. U.S. NAVY / MASS COMMUNICATION SPECIALIST 3RD CLASS ERWIN MICIANO
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A new type of 300 millimeter wafer with semiconductor chips and finished microchips of the semiconductor German manufacturer Bosch are seen in Dresden, eastern Germany on May 31, 2021 (Photo by JENS SCHLUETER/AFP via Getty Images)
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The US Legend-class national security Coast Guard Cutter Hamilton is seen in the port of Odessa on the Black Sea after conducting joint exercises according to NATO standards with the Ukrainian Navy ship Starobelsk on May 11, 2021 in Odessa, Ukraine (Photo
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President Joe Biden speaks at the Pentagon February 10, 2021 in Washington, DC. (Photo by Alex Brandon - Pool/Getty Images)
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A researcher displays a silicon wafer, an essential material used in the production of semiconductors and other technologies critical to US national security. (Getty Images)
Experts
David Byrd
Fellow, Center for Defense Concepts and Technology
Bryan Clark
Senior Fellow and Director, Center for Defense Concepts and Technology
Jack David
Senior Fellow and Trustee
Michael Doran
Senior Fellow and Director, Center for Peace and Security in the Middle East
