Where the math is defensible.
Long-form research on live enterprise decisions. Publication is selective. Every number traces to a named source. No takes without evidence.
Western Defense Industrial Reshoring: Munitions Math in 2026
155mm shells, PAC-3 interceptors, and attritable autonomy collide with TNT scarcity, propellant bottlenecks, and a NATO procurement architecture redesigned for sustained attrition.
The post Cold War munitions arsenal has been emptied into Ukraine and replenished only partially, exposing a Western industrial base sized for peacetime stockpile rotation rather than active high intensity war. The United States moved 155mm M795 production from roughly 14,000 rounds per month in early 2022 toward a 100,000 rounds per mont...
The CHIPS Act and the Taiwan share that went up, not down
US imports of integrated circuits from Taiwan climbed from 11 percent of the total in 2021 to 28 percent in 2024. Three years into a $52 billion reshoring push, the trade data is pointing the other way. Here is what it actually means.
The CHIPS and Science Act of 2022 committed $52.7 billion to rebuilding US semiconductor manufacturing. Three and a half years in, Commerce has awarded roughly $33 billion of the $36 billion manufacturing pot. Yet US imports of integrated circuits from Taiwan have more than doubled and Taiwan's share of the US HS 8542 import basket has go...