Madam President, the bill that has been filed by the chairman of the Banking Committee would do for the U.S. domestic auto industry what governments around the world are doing: providing emergency assistance to their auto industries…
Madam President, the bill that has been filed by the chairman
of the Banking Committee would do for the U.S. domestic auto industry what governments around the world are doing: providing emergency assistance to their auto industries because their survival is jeopardized by a worldwide recession which has resulted in plunging auto sales.
That global recession is not the making of the auto industries around the world, including our own domestic industry. Past mistakes of the big three are not the cause of the worldwide recession and resulting credit freeze. People who want to make large purchases, such as automobiles, are unable to get credit, and 90 percent of the people who buy automobiles buy on credit. Many people simply are afraid to make large-scale financial commitments in these scary economic times. So the U.S. domestic auto industry is not alone in needing loans to make it through the global economic calamity we are in. Look at the rest of the auto-producing world. Here are some headlines in the news recently:
``Facing a Slowdown, China's Auto Industry Presses for a Bailout From Beijing.''
Brazil. ``In Brazil, Whiplash on Assembly Lines.'' ``The Government stepped in with a $3.5 billion aid package for the auto industry by funding banks to boost the amount of credit available for car loans.''
``European Carmakers Get $50 Billion in Aid.''
``European governments poised to help their automakers.''
``Automakers in other nations get more government help. Requests for aid made worldwide''--another headline.
These are all headlines in papers across the country.
Reuters, ``Spain to support car industry.''
``France's stimulus plan includes carmakers.''
``Portugal rolls out loan.''
``Auto industry faces massive job losses without aid,'' according to the chairman of one of the largest automobile industries--not one of the big three.
Now, why are nations around the world stepping in to support their auto industries? It is because of the drastic decline in sales across the industries around the world--not just domestic, not just the big three--leaving no alternative to every other auto-producing country and its government but to support its industry. Hyundai sales are down 40 percent; Toyota sales are down 34 percent; Honda, down 32 percent; Nissan, down 42 percent; Mercedes, down 38 percent. These are not the big three. These are automobile makers around the country that are in the same situation as the big three. But the difference, so far, is that other governments are stepping in. We have not yet stepped in to support our industry.
In arguing against these loans for the big three, some continue to describe the domestic companies of the 1970s and 1980s when fuel efficiency was not high on the list of the big three as big three goals or achievements. Some would have us ignore dramatic gains in quality and vastly greater numbers of fuel-efficient vehicles now being offered by the big three. In the area of quality, big three autos are equal to or better than their foreign competitors. For example, the J.D. Power Initial Quality Study scores the overall quality of Buick, Cadillac, Chevrolet, Ford, Mercury, Pontiac, and Lincoln--these are objective, outside studies on quality for those American brands, Buick, Cadillac, Chevrolet, Ford, Mercury, Pontiac, and Lincoln--as high or higher than Acura, Audi, BMW, Honda, Nissan, VW, and Volvo. J.D. Power rates the Chevrolet Malibu as the highest quality midsize sedan on the market, and both the Malibu and the Ford Fusion score better than the Honda Accord or the Toyota Camry.
On the fuel efficiency side, here are some facts that hopefully colleagues will consider. Long before the credit crisis hit, GM laid the groundwork to offer 15 hybrids by 2012. Thanks to investments they have already made, GM already has 20 models that achieve 30 miles per gallon or better--twice the number of its nearest competitor. All the big three are working to ensure that at least 50 percent of their American production is capable of running on biofuels by 2012. Domestic automakers produce numerous cars that have equal or better fuel efficiency than their foreign competitors. And again, the most fuel efficient Chevy Malibu gets 33 miles per gallon on the highway, which is 2 miles better than the best Honda Accord. The most fuel efficient Ford Focus has the same highway fuel efficiency ratings as the most fuel efficient Toyota Corolla.
In the area of productivity, Chrysler tied Toyota as the most productive automaker in North America this year, according to the Harbor Report on Manufacturing, which measures the amount of work done per employee. Eight of the ten most productive vehicle assembly plants in North America belong to Chrysler, Ford, or General Motors.
Now, there are also some who want to ignore the reduction in benefits that have been taken already by UAW workers and retirees. In the collective bargaining agreements negotiated in 2005 and 2007, the UAW, along with GM, Ford, and Chrysler, achieved billions of dollars in cost savings and set the companies on the course to bring labor costs, including benefits, in line with their foreign competitors in the United States by 2012. Wages were cut and pension and health care benefits were greatly reduced as well.
The UAW is taking responsibility for managing its own retiree health care benefits beginning in 2010 by setting up its own voluntary employee beneficiary association, or VEBA. The VEBA plan will transfer responsibilities for health care benefits for existing employees from companies to an independent trust. This eliminates half of the companies' liabilities for retirees' health care, with billions of dollars of savings.
The memory of mistakes made decades ago lingers and remains the impression that many have of the big three despite all the facts I have just outlined. Beliefs are always hard to change. So the facts I have just shared about improved quality and more fuel efficient vehicles and alternative-energy vehicles being produced by the big three may not be readily accepted by people who have beliefs that are to the contrary. But one fact is indisputable and will hopefully influence some who are open to argument: Auto industries around the world are seeking the support of their governments through loans and other methods and are getting it. I went through that series of headlines, from Brazil to Europe, all the way to China. The Chinese automobile industry is asking for loans from the Chinese Government. No other auto-producing country that I know of in the world is failing to act to make sure its industry is alive when the deep global recession is over, and we shouldn't either.
There is also a national security aspect to the American auto industry, and I wish to spend some time on this because there was testimony that was prepared for delivery to the Banking Committee when they met on this subject by the Director of the U.S. Army Tank Automotive Research, Development and Engineering Center, called TARDEC. So this is the Army R&D and engineering center. It is located in Macomb County, MI. TARDEC develops, integrates, and sustains the right technology solutions for all of our manned and unmanned Department of Defense ground vehicle systems and combat support systems in order to improve force effectiveness and provide superior capabilities for the future forces of this country.
The Director of TARDEC is Grace Bochenek. Because of the security importance of what I am going to relate, I am going to read from her prepared testimony, and this is going to take some time. I am going to read from her prepared testimony, though it wasn't actually delivered. It ended up that they had too many witnesses, and so she wasn't invited, but this testimony is a compelling story of the continuing relationship between the big three, the domestic auto industry, and our U.S. Army vehicle program.
We all look back--some of us nostalgically--to what Detroit did during World War II. That is the past. There is a present which is critically important in terms of the security of this country. Some have pointed out the need to have a manufacturing base in order to quickly expand in the case of need, and that is a powerful argument--a national security argument for keeping our big three auto industry around the way other countries keep their auto industries around. Some other colleagues
have pointed out in some detail the relationship between the suppliers of the big three and the suppliers of vehicles for the Army and how much trouble those suppliers would be in--these are Army vehicle suppliers--if the big three did not survive, and that is another powerful national security argument. But I am going to focus on what Grace Bochenek focused on, the Director of TARDEC, which is the relationships, the synergies that exist between the big three now and the Army in terms of current products and current technologies which are inserted into our vehicles and future technologies which are being developed as we speak.
I am going to quote from her testimony, and this will all be quotes except where I insert my own words, which I will try to make clear. But this will be a long quote, for those who are listening to this testimony and, hopefully, reading it.
The synergies between TARDEC and the U.S. automotive
industry and the collective challenges we face. TARDEC's
connection to the automotive industry dates back to 1947,
when the Tank Automotive Components Laboratories, now known
as TARDEC, was established. The level of cooperation between
the Army and the auto industry was strengthened by the
Secretary of the Army's charter of the National Automotive
Center, NAC, in 1992 to champion the development of dual-use
automotive technologies and their application to military
ground vehicles. Today, the NAC remains the connective piece
and continues to engage through many different mechanisms to
leverage the capabilities, skills, and facilities of the
automotive industry.
Referring to the Department of Defense and the domestic automobile industry, she continued:
For the past 70 years, we have shared common research
goals, leveraged investments in technology, mutually
benefitted from those technical developments, and
collectively owned the responsibility for our Nation's next
generation of automotive engineers and scientists.
Technologies may have changed, but the importance of working
together to collectively drive innovation has not. The Army's
specific challenges are as follows: First, significantly
increasing fuel efficiency to reduce the logistics burden on
our troops. In some cases, fuel is 70 percent of the bulk
tonnage that we take to war. Second, substantially increasing
electric power available on the battlefield and developing
the next generation of electronic warfare tools. Third,
increasing soldier protection through the development and
application of advanced light-weight material solutions.
Fourth, utilizing sensor technology throughout our vehicle
platforms to collect prognostic data allowing for overall
improved reliability and reduced sustainment costs. Fifth,
engaging the enemy without putting soldiers in harm's way
through the fielding of unmanned systems.
Another word for that is robotics.
Continuing now with Grace Bochenek's prepared testimony.
Often the only difference between military and commercial
automotive technologies is a matter of scale both with regard
to the market (quantity) and component durability (military
specifications). The goals and the technologies leading to
their accomplishment, however, remain very similar. Our
motivations may differ, but our technological goals are
shared ones. Both the Army and the automotive industry seek
to achieve technical advances in the areas of power and
energy, vehicle intelligence, robotics, safety, advanced
lightweight materials and leading-edge manufacturing methods.
Then she goes into examples in each of those areas, where there is a working together, a cooperation, a synergy between the American automobile industry and the Army vehicle program. She continues:
In 1997, TARDEC began a commercially based tactical truck
program focused on leveraging GM, Ford and Chrysler's
commercial truck platforms to meet some of the military's
light tactical vehicle requirements. Chrysler and GM provided
hybrid electric vehicles that included start-stop operation
and vehicle exportable power providing TARDEC with
information critical to defining future requirements.
A Cooperative Research & Development Agreement (CRADA)
between Ford and TARDEC launched the development of a thermal
management software modeling tool. This further matured under
multiple Small Business Innovation Research (SBIR) contracts
utilizing tri-service investment. The dual use software
produced has been fully commercialized and is now sold
worldwide by one of the SBIR, recipients, resulting in a new
Michigan business with revenues of about $10M per year.
Ford's initial investment was absolutely critical in the
development of this world class product the application of
which has also become the Army, Navy, and Air Force standard.
This is an example of how an Automotive OEM--TARDEC
partnership was able to leverage resources to create jobs and
develop useful technologies.
TARDEC continues to partner with automotive industry OEMs
and suppliers on advanced powertrain technologies including
fuel cell technologies, power and thermal management, and
advanced automotive batteries all of which are necessary for
the next generation of military systems. TARDEC leverages
fuel cell developments primarily through the automotive
supplier base with companies such as Ballard, Delphi, and
United Technologies. TARDEC also has a longstanding
relationship with General Motors in the demonstration and
evaluation of light duty commercial fuel cell vehicles. This
program has allowed TARDEC to assess multiple generations of
fuel cell technologies.
Batteries are critical to implementing advanced automotive
powertrains. As such, there is a growing body of
collaborative work between TARDEC, the automotive OEMs, and
their suppliers. The cornerstone of TARDEC's efforts in this
area is the development of manufacturing technologies needed
to mass-produce high power and energy density Lithium-Ion
(Li-Ion) batteries--particularly critical for the Army's
Future Combat Systems platforms. Additionally, there are many
ongoing military battery technology development efforts that
leverage emerging automotive battery technology providers
such as Al23, AltairNano, Boston Power, GS Yuasa,
Inanovation, EnerDel, EnerSys, Firefly, Kokam America,
Quallion, and SAFT America. With the help of the Automotive
OEMs and the Department of Energy, TARDEC is escalating
efforts to define the boundaries for dual-use commercial and
military applications of advanced battery technologies
through the U.S. Advanced Battery Consortium. Additionally,
General Motors is supporting TARDEC advanced battery
requirements through direct, individual collaboration through
a CRADA and an additional newly awarded contract.
TARDEC and the automotive OEMs have both identified
advanced automotive batteries as a key area for collaboration
going forward. In the support of expanding collaboration in
advanced batteries, TARDEC has worked with the automotive
OEMs and suppliers of battery technologies to assess the
scope of effort around establishing a robust, diverse
manufacturing base for advanced automotive batteries. This
effort recently culminated in a two-day Battery Summit, which
involved over 70 participants from industry and government.
Discussions covered the technology, policy and manufacturing
implications of having a domestic base for the manufacture of
advanced batteries. TARDEC intends to continue to work with
key stakeholders to identify near term opportunities in the
area.
Vehicle Intelligence
The Army faces high operating and support costs in its
aging fleet of vehicles. Currently the Army reduces this
heavy cost burden through periodic scheduled inspections and
sustainment efforts. To further reduce this cost burden, the
Army must move towards an intelligent vehicle architecture.
Both the Army and the automotive industry have vested
interest in enhancing their platforms by providing predictive
maintenance enhancements through prognostic capabilities.
This requires equipping vehicles with computing devices,
sensors, middleware, and wireless infrastructure. Through
these enabling technologies, vehicle intelligence is made
possible. This could ultimately enhance operational readiness
and reduce lifecycle maintenance costs for ground vehicle
platforms by reducing the heavy cost burden of periodic
scheduled inspections and automating the supply chain to
proactively provision for part replacements to optimize the
maintenance repair process.
Vehicle intelligence is also an enabling technology for
Condition Based Maintenance and (vehicle) Health Monitoring
technologies. It is related to existing developments in the
commercial automotive industry such as the installation of
electronic control units (ECU) and electronic control modules
(ECM), computing devices, and sensors. These devices
facilitate diagnostic analysis at the vehicle subsystem
level. This in-vehicle network provides the ability to
diagnose such components as the powertrain, ABS, and critical
safety systems. GM Diagnostics has taken this a step further
by enabling cellular transmission of data off platform for
off-board analysis and status updates through their OnStar
system. The Army is working with commercial automotive
partners to develop this technology for military use via
secured communication pipelines.
Robotics--now she addresses robotics in her prepared testimony. I am going into this at some length because what has not been focused on enough in this debate is the security implication of the failure of the big three. There has been a lot of discussion about why it is essential that we not allow the big three to go under in terms of this economy. But what has not yet been focused on specifically, other than general statements about the connection, the current and future connection, is the essential synergy between the big three and the Army particularly but also the military in general.
People's minds tend to go back and say that was all World War II, that was all the ``arsenal of democracy,'' and yes, it was, and we are proud of it. But
it is also 2008, 2010, 2015, 2020. What kind of equipment our troops will have will depend upon whether we have the kind of connection between our military and our commercial worlds. In the area of vehicles, to disconnect that connection, to rip it apart, to allow the big three to go under, has a massive negative security impact on this country and on the well-being and survival of America's troops.
She goes on:
robotics, unmanned systems
The U.S. Army has a long history of working with the
automotive industry on the development of enabling
technologies for manned and unmanned systems. Unmanned
systems are key resources for our fighting men and women in
the Global War on Terrorism.
Many of the key technologies currently used on ground
robots have their start in cooperative programs between the
U.S. Army and the Big 3 Automotive and their tier suppliers.
The Army and the automotive companies have several aligned
activities in unmanned systems. For example, the Army has
several overriding objectives we are trying to achieve for
the development and deployment of future unmanned vehicle
systems. Primary among these goals are Safe Operations (Safe
Ops) and Total Situational Awareness (SA) around the
vehicles, necessary because a robot operates by sensing the
environment around it at any given moment. Safe Ops and 360
degree SA are also critical for the safe operation of
passenger cars on automated highways, which means our goals
are aligned perfectly with the programs in the auto industry.
Recently, both GM and Ford participated in the series of
DARPA Autonomous Vehicle Grand Challenges. The 1st Grand
Challenge was held at the California Motor Speedway and it
tested the ability of vehicles to move autonomously over
structured roads. The 2nd Grand Challenge was a 170 mile
cross-country road race in the deserts of Nevada. The 3rd and
final challenge, called the DARPA Urban Challenge (DUC), was
designed to push the state-of-the-art in autonomous
navigation in urban environments, where each competitor had
to obey the rules of the road and contend with other robots
and driven cars. Many of these robust automotive sensing
methodologies are being transitioned to Army programs for
integration into both manned and unmanned systems.
In every one of these competitions both Ford and GM
partnered with leading universities in the U.S. to put
together winning teams that finished in the top 5 percent of
race finishers (the GM-Carnegie-Mellon team won the DUC in
2007). The close coupling of robotic sensors, actuators and
intelligence was enhanced by the collaboration of automotive
engineers at the OEMs.
Then she goes on with her description of safety issues.
There are multiple overlapping safety goals between the
commercial automotive industry and the military ground
vehicle fleet. Just as injury risk mitigation and thorough
modeling and simulation of technologies is important to the
commercial automotive manufacturers; these precautions must
be taken to reduce the impact to our Soldiers, Sailors,
Airmen, and Marines.
Automotive industry OEMs and key suppliers have worked with
TARDEC in the development of advanced modeling and simulation
efforts to characterize occupant impact during rollover and
side impact crashes. TARDEC recently developed ground-
breaking full vehicle underbody blast models and
methodologies to both accurately predict occupant injury
during an energetic event such as a mine/IED blast, and to
develop new countermeasures. This effort would not have been
possible without heavy leveraging of automotive tools and
methodologies from the automotive crashworthiness area.
TARDEC's commercial partners have also been critical in
advanced technology product development, testing and
validation, design studies, and developmental tests. Finally
TARDEC relies on the commercial partners for prototyping and
large quantity manufacturing capabilities.
Advanced lightweight materials is the next subject that she took up in her prepared testimony.
One of TARDEC's mandates is to research, develop, engineer,
and to leverage lean, agile, advanced manufacturing
technologies used by the U.S. Auto Industry, Academia, and
other segments of the U.S. Industrial Base. This is
accomplished through partnerships and contracts with
manufacturers, suppliers, and universities, taking advantage
of manufacturing capabilities developed to service the high
volume needs of the auto industry and adapt the technologies
for manufacturing the low volume production of military
components.
With the auto industry leading the charge, TARDEC is
pursuing several advanced manufacturing processes such as
friction stir welding, laser additive and subtractive
manufacturing, flexible manufacturing cells using robotics,
and water-based environmentally safe painting processes.
Then she addresses automotive expertise, knowledge, and education.
To maintain technological superiority now and in the
future, we need top quality scientists and automotive
engineers in our workforce. Alongside the automotive
industry, we have always had a shared commitment and felt the
collective responsibility to develop the next generation of
engineers, and recognized the challenge to do so.
TARDEC has long recognized that a scientifically and
technologically literate citizenry is our Nation's best hope
for a diverse, talented, and productive workforce. To achieve
this goal, we have partnered with the automotive industry and
universities to develop curriculum that will benefit both
TARDEC and the American automotive original equipment
manufacturers.
We have also been able to address this challenge through
our Automotive Research Center, which has created ways for us
to partner with universities and allow students the
opportunity to develop and work on relevant automotive
engineering challenges.
Over the years, the automotive industry has made
significant contributions to the Army through technology
exchange processes available in the ARC [which is the
Automotive Research Center]. And in recent years, an
increased emphasis on research involving high mileage, low
polluting vehicles, as well as the new high technology needs
for large trucks, off-road vehicles and robots has provided
invaluable data and resources for us towards the Army's long
term transformation goals and objectives.
In 2007 and 2008, TARDEC supported 52 ARC research projects
spanning Power, Mobility, Survivability, Modeling and
Simulation technology areas. Ford, Chrysler and General
Motors and at least 12 Tier-1 suppliers provided their
resources and expertise towards 36 of the 52 research
projects. The remaining projects had industry involvement
from Tier-2 and Tier-3 suppliers such as large software
companies, industry consultants and automotive small
businesses.
The fact remains [and I will conclude with this] that the
need for partnerships and the consistent leveraging of
resources is critical for continued innovation, technological
breakthroughs. American automotive original equipment
manufacturers partnership with TARDEC in events such as [then
she lists a whole lot of events] inspires young engineers to
consider careers in math and science and helps to develop
many needed automotive skill with applicability in DOD's
``real'' workforce environments.
Automotive industry support has been crucial in developing
the educational infrastructure that has allowed the
development of an automotive engineering talent base here in
the United States. And that talent base will be central to
future efforts to create a safer Nation and a robust
manufacturing environment.
At this time, when we have to [these are her last words] at
this time, when we have to break the dependency on foreign
oil, provide energy security for the Nation, and increase
soldier protection, it becomes even more critical, [even more
critical] to leverage investments, exchange technical ideas
to drive innovation, and provide the breakthroughs that are
necessary to maintain the dominance of the American military.
I very much appreciate the time that I have taken to share with this body the statement of the head of the organization in the Army which is responsible for the technologies in current vehicles and future vehicles.
I have done this because there is kind of yet the unstated critical need for the survival of the big three. The stakes for our economy nationally are huge. The failure of the big three would send a tsunami through this already battered economy.
Millions of workers would lose their jobs. Dealers in every town and on every Main Street are already reeling from the economy's plunge. Automotive component suppliers, who are in fully half our States, are on the knife's edge already, waiting for us to act.
Men and women who work for steel mills and textile factories and glass factories and computer chip factories are waiting and hoping.
The financial industry would be at risk as well. A collapsed auto industry would lead to defaults on over $1 billion in corporate bonds, credit default swaps and other financial instruments tied to the auto industry and could send the stock market into another, deeper tailspin. Major additional damage to U.S. financial institution balance sheets would result, throwing our credit markets into even deeper turmoil.
Despite these facts, there are still some who say, ``let them go bankrupt, let them go under,'' even though 1 in 10 jobs in this country are tied to the auto industry. In addition to hoping that they will ask themselves why no other government is allowing that to happen to their auto industry, I would also hope they would listen to some experts on the subject of bankruptcy for the auto industry.
A recent report released by J.P. Morgan titled, ``Cost of the Alternative,'' described the scenario where one or
more of the Big Three are left to file for bankruptcy as ``Credit Crisis Part II.'' It indicated that unemployment would shoot up by 2 percent if one of the Big Three failed, and this failure scenario would require the Pension Benefit Guarantee Corporation to take over more than $100 billion in obligations that the Big Three currently hold. It noted that Ford and GM and their financial arms ``comprise over 10% of the high-yield bond market and the auto sector represents one of the largest sectors in leverage finance for banks.''
Another recent report by the Anderson Economic Group and BBK calculated the costs in the first year following the failure of two of the Big Three. Such a scenario would cost States $12 billion in tax revenues; it would cost the Federal Government $40 billion in income and Social Security taxes, and it would cost an additional $8 billion in unemployment insurance and $5 billion in significantly increased costs to the Pension Benefit Guarantee Corporation. The report indicates a high risk that inaction by Congress would result in a permanent shift of manufacturing jobs out of the United States and a dependence on foreign technology.
Mr. President, these are risks we cannot take. We must pass this legislation. Without this legislation, one or more of the Big Three will likely collapse in the coming weeks. The U.S. taxpayers would provide a bridge loan to avoid this catastrophe under this bill, but with important protections for their investment, including stock warrants for the Government; limits on excessive executive compensation; a prohibition on golden parachutes; and a prohibition on payments of dividends until the loans are fully repaid. And the so- called auto czar has the ultimate power under this legislation to enforce compliance with the long-term plans of the auto companies that accept these loans: he can call or cancel the loans if he disapproves the auto companies' restructuring plans.
We cannot afford to further destabilize Wall Street, and we cannot afford to allow millions of jobs on Main Streets in communities across the country to disappear. The domino effect of failure would ripple across our entire Nation and add untold suffering to an already dire situation.
I urge my colleagues to support this critical legislation.
As chairman of the Armed Services Committee, I wanted to focus on an aspect of this debate that has not achieved adequate attention. That is the tight, important connection between our domestic auto industry and the future security of this Nation and our men and women in uniform.
We have no greater responsibility than that. That factor, that synergy, that relationship, that connection, is an essential component of this debate.
I hope when our colleagues look at all of the factors, they will consider that important reason for sustaining and supporting an automobile industry in this country. Again, no other Nation is allowing their automotive industry to go down in this global economic disaster we are all in. They have all taken steps to support their industry.
We should too, for many reasons. But one of those reasons, one of the most important reasons we are here in the Senate is to make sure that our men and women in uniform always have the best equipment that can be produced in the world. They put their lives at risk. They are entitled to every advanced technology we can give them.
Part of the production of those technologies the big three is playing today, tomorrow, and hopefully in the future, is a critical role.
I did not see my dear friend from Virginia come to the floor. I wish I had, because I wanted to put those parts of my remarks--and they were lengthy, but at a time when he might be hearing them either here or in his office.
Mr. President, first, I thank my dear friend from Virginia. This will probably be, we keep saying, the last opportunity we have to speak with each other on the floor of the Senate. It may be, it may not be, as it turns out. But I know of no Member of this body who has put the interests of this Nation more deeply in his heart than the Senator from Virginia.
There are others who probably share that with him; I know there are, but the focus which I gave here today outlining the current relationship between the big three and the technologies that are embedded right now in our vehicles, and the effort in a collaborative way between our domestic automobile industry and our Army vehicle industry, to give us lighter vehicles, more survivable vehicles, crashworthy vehicles, vehicles that use less gasoline, vehicles that have the global positioning devices that can say exactly where they are and communicate that, these technologies are embedded now and will continue hopefully to always be at the forefront, at the cutting edge of technology to give our troops what I know the Senator from Virginia has devoted his life to; that is, to giving our troops every edge we can.
The big three not only has been part of that on the vehicles, as the Senator notably points out in terms of looking back, but that is the current situation--deep connections, synergies, collaboration going on as we speak, and planned for the years ahead.
If we rip apart that connection, by allowing the big three to go under, that tremendous capability they have to join with the Army on vehicles, particularly, will be rendered useless or will no longer exist. That would be a terrible tragedy for our Nation's security.
Again, I am glad my great friend from Virginia was able to come to the
floor to share with me some thoughts about this relationship that is not only historical and one which we take great pride in as a nation, that ability to quickly expand, to turn a manufacturing, an industrial base into an arsenal of democracy.
That hopefully will not happen, as the Senator points out. Maybe it is less likely to happen. But we must be there when it does. That aspect has been focused on by others, the need to be able to have a manufacturing base for our national security and to have a base of suppliers for our national security. I have tried to add another aspect to this argument that points to the relationship between the survival of our big three and our national security by pointing out the ongoing relationship in the area of research and development, which has produced critically important technologies currently in our vehicles and developing today the technologies which will make future vehicles.
Absolutely.
Thankfully, we still have a few colleagues, including the great Senator from Virginia, who have a personal connection to that war.
I thank my friend from Virginia.