China is developing its space capabilities "twice as fast" as the US, said Gen. David Thompson, vice chief of space operations for the US Space Force.
Gen. Thompson warned China could overtake the US in space capabilities by the end of the decade at a panel led by CNN's Kristin Fisher at the Reagan National Defense Forum.
General Thompson says if we don't accelerate development and delivery, we'll be overwhelmed very soon. Many experts predict that China will be ahead of the United States by 2030.
Gen. Thompson was joined by Rep. Jim Cooper, a Tennessee Democrat who chairs the House Armed Services Committee's strategic forces subcommittee, which oversees the Space Force's budget, and Chris Kubasik, president and CEO of L3Harris Technologies.
Cooper said, "Hell yes," when asked if the US is competing in a so-called space race with China.
Kubasik and Thompson agreed with Cooper's assessment.
Cooper says the Space Force isn't moving fast enough to compete with private industry.
"It's great that the private sector is so much more innovative than our Air Force was, and we need to get the Space Force to be much more innovative and try to keep up with the private sector," Cooper said.
He added: "To really be superior, we've got to go beyond Elon Musk's imagination, Jeff Bezos' imagination, beyond their pocketbooks. (The) budget right now is $17 billion -- that's a lot of money, but considering how crucial space is, are we doing enough?"
According to Cooper, the Space Force should be more like the National Reconnaissance Office, which oversees government satellites and provides satellite intelligence to numerous US agencies.
Cooper said, "The NRO has done a pretty good job." "They're not as well-known as some other agencies. ... But I had a recent side-by-side briefing with the NRO and Space Force. My conclusion after that briefing was: thank God for the NRO. I anxiously await the day that I can say the same about the Space Force."
Gen. Thompson replied, "Congressman Cooper always asks what he can do to help, and I always tell him the same: continue to be our strongest supporter and our toughest critic, and this morning he continues to do both effectively," to which the room erupted into laughter.