Presidential Determination and Delegation of Authority Under Section 708 of the Defense Production Act of 1950, as Amended
This determination invokes Section 708 of the Defense Production Act to address systemic constraints in the munitions industrial base, including limited production capacity, fragile supply chains, and production bottlenecks. It delegates authority to the Secretary of War to make voluntary agreements and plans of action with industry to expand munitions, missiles, and defense equipment production, subject to consultation and approval requirements.