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137

Outsourcing has never been a good idea.

America's largest drone company and supplier of unmanned aircraft to the Ukrainian Armed Forces has been thrown into a supply chain crisis after Beijing imposed sanctions, barring it from sourcing drone parts from Chinese suppliers, according to a new Financial Times report. This is another wake-up call for American companies heavily reliant on China, highlighting the urgent need to 'friend-shore' or 'reshore' critical supply chains away from the world's second-largest economy.

Sources familiar with the situation told FT that Beijing imposed sanctions on Skydio to prevent it from sourcing battery components from Chinese firms.

On Wednseday, Skydio said the sanctions by China were "for selling drones to Taiwan, where our only customer today is the National Fire Agency."

Skydio CEO Adam Bry met with US Deputy Secretary of State Kurt Campbell and senior White House officials last week to discuss the dire situation as the Chinese paralyzed part of the drone company's supply chain. . .

Source (zerohedge.com)

Outsourcing has never been a good idea. >America's largest drone company and supplier of unmanned aircraft to the Ukrainian Armed Forces has been thrown into a supply chain crisis after Beijing imposed sanctions, barring it from sourcing drone parts from Chinese suppliers, according to a new Financial Times report. This is another wake-up call for American companies heavily reliant on China, highlighting the urgent need to 'friend-shore' or 'reshore' critical supply chains away from the world's second-largest economy. >Sources familiar with the situation told FT that Beijing imposed sanctions on Skydio to prevent it from sourcing battery components from Chinese firms. >On Wednseday, Skydio said the sanctions by China were "for selling drones to Taiwan, where our only customer today is the National Fire Agency." >Skydio CEO Adam Bry met with US Deputy Secretary of State Kurt Campbell and senior White House officials last week to discuss the dire situation as the Chinese paralyzed part of the drone company's supply chain. . . [Source](https://www.zerohedge.com/technology/china-weaponizes-supply-chain-sends-americas-largest-drone-maker-crisis)
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[–] • 2 pts

Same with the paper industry in my state. I had planned to become a Chemical Engineer to stay local and work in that industry but sensed the writing on the wall and switched majors. So glad I did.