Washington, DC – January 28, 2020. STS is proud to share our Federal News Network Insight: “Rare earth elements present challenges, opportunities to the U.S. economy, defense, and supply chain.” The President recently issued a Determination (July 2019) stating: “that the domestic production capability for separation and processing of Light Rare Earth Elements is essential to the national defense” (Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as amended). STS sat down with John Gilroy at Federal News Network to discuss Rare Earth Elements (REE) and the challenges and opportunities they present to the U.S. economy, defense, and supply chain.
As it relates to the economy, “If everything is tied into one source, one spot, or one country in this case, then you’re very limited. And if they decided to cut that off from you, then you lose all of your options,” General (R) John F. Campbell.
As it relates to the supply chain, “Rare Earth Elements . . . a critical component of the entire supply chain because it’s the beginning, the nexus of what all of the electronics come from. So, if you don’t have those, you can’t build them,” David Morgan, Co-Founder and Vice President, Operations, STS International.
For the video interview, please click here: https://federalnewsnetwork.com/federal-insights/2020/01/rare-earth-elements-present-challenges-opportunities-to-the-u-s-economy-defense-and-supply-chain/. STS recently published a white paper on the topic entitled: “Building a Domestic Rare Earth Elements (REE) Supply Chain – The STS Challenge.”
Founded in 1992, STS International is a U.S. Veteran Owned business with over twenty-seven years of experience providing integrated, secure solutions and services to the federal government in the areas of Engineering, Enterprise Asset and Logistics Management, Training and Simulation, and Professional Support Services. We have focused our efforts in the domains of Command, Control, Communications, Computers, Cyber-Defense, Combat Systems, Intelligence, Surveillance, and Reconnaissance (C6ISR), Artificial Intelligence and Machine Learning, Force Protection Systems, Cyber Mission Assurance, Robotics and Unmanned Systems, and Medical Training and Simulation.
Our goal at STS is to achieve mission-success for our clients in Defense, Homeland, and National Security by dedicating ourselves to the principles of innovation, agility, and excellence. What makes STS unique is our ability to swiftly meet our client’s needs while sustaining an organization with global operations and a mature infrastructure to support enterprise, end-to-end solutions. Our solutions maximize best value, mitigate risks, and optimize operational efficiency. In 2018, the Washington Business Journal recognized STS as a Defense Contractor to Watch and, in 2019, Inc. 5000 honored STS for the sixth year in a row as one of America’s Fastest Growing Private Companies.