Michael Wessel, chairman of the congressional U.S.-China Economic and Security Review Commission, testified that the Chinese are focusing their efforts to steal advanced technology in artificial intelligence, robotics and other cutting-edge areas.
While other countries such as Russia, France and Israel are also active in their efforts, China was identified as the most aggressive in attempting to steal technology that costs the U.S. an estimated $510 billion annually to research and develop.
Click here for more.
For access to some of the most profitable opportunities in the defense technology sector, check out Massengill’s Defense Technology Alert. Click here to learn more.