China’s Systemic Counterfeiting and IP Theft Undermine U.S. Economic and National Security

On May 21, 2012, the Senate Committee on Armed Services released a disturbing report on the extent to which counterfeit electronic parts had infiltrated the U.S. defense supply chain. While it’s bad enough when China’s counterfeit products hurt the U.S. economy and cost American jobs, it’s worse when they have the potential to comprise mission-critical defense systems. While it would be impossible to entirely prevent counterfeit parts from entering the U.S. defense supply chain, both government and industry (here, defense contractors primarily) must work in partnership to significantly curtail the penetration.