What is a key goal of the Defense Industry Initiative?

The key goal of the Defense Industry Initiative is to implement self-regulatory business practices. This initiative was established to promote ethical practices and enhance the integrity of defense contractors in their business operations. By fostering self-regulation, the initiative encourages defense companies to adhere to high ethical standards, thereby improving accountability and transparency in defense contracting. This approach not only helps prevent unethical behaviors but also builds trust between the government, defense contractors, and the public.

The other options, while related to broader industry objectives, do not capture the essence of the Defense Industry Initiative. Enhancing global trade agreements and reducing the cost of defense contracting, while important, are not central to the mission of self-regulation and ethical practices outlined by the initiative. Expanding military base operations is also outside the scope of the initiative's focus on governance and ethical standards within the defense contracting community.