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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…
