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Amendment To House Defense Bill Would Allow DoD Office To Acquire Equity In Companies

Amendment To House Defense Bill Would Allow DoD Office To Acquire Equity In Companies
Rep. Mark Messmer (R-Ind.). House photo

A relatively new Defense Department office whose goal is to attract private capital to critical areas of the defense industrial base that suffer from a lack of investment would be allowed to acquire equity stakes in these companies if a provision in the House’s version of the fiscal year 2026 defense authorization bill becomes law. The provision is part of an amendment by Rep. Mark Messmer (R-Ind.) concerning the Office of Strategic Capital (OSC) and the Defense Industrial Base Fund…

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