The destroyer USS Truxtun and the supply ship USNS Supply collided as the warship was getting a load of supplies, leaving two troops with minor injuries.
To address the stated concerns in Moscow and Washington, a multilateral pact would be required, a process that experts say could be exceedingly tricky.
Beijing is positioning itself as a drone provider for certain countries, while the country's next-gen fighter jet faces more uncertain export prospects.
"No more ‘divest to invest,’” aviation expert Heather Penney said, arguing that the Air Force needs to dramatically boost its F-47 and B-21 acquisition.