Supply chain 4.0 denotes the fourth revolution of supply chain management systems, integrating manufacturing operations with telecommunication and Information Technology processes. Although the overarching aim of supply chain 4.0 is the enhancement of production systems within supply chains, making use of global reach, increasing agility and emerging technology, with the ultimate goal of increasing efficiency, timeliness and profitability, Supply chain 4.0 suffers from unique and emerging operational and cyber risks. Supply chain 4.0 has a lack of semantic standards, poor interoperability, and a dearth of security in the operation of its manufacturing and Information Technology processes. The technologies that underpin supply chain 4.0 include blockchain, smart contracts, applications of Artificial Intelligence, cyber-physical systems, Internet of Things and Industrial Internet of Things. Each of these technologies, individually and combined, create cyber security issues that should be addressed. This paper explains the nature of the military supply chains 4.0 and how it uniquely differs from the commercial supply chain, revealing their strengths, weaknesses, dependencies and the fundamental technologies upon which they are built. This encompasses an assessment of the cyber risks and opportunities for research in the field, including consideration of connectivity, sensing and convergence of systems. Current and emerging semantic models related to the standardization, development and safety assurance considerations for implementing new technologies into military supply chains 4.0 are also discussed. This is examined from a holistic standpoint and through technology-specific lenses to determine current states and implications for future research directions.