Pentagon
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Advanced / Transformational Technology
Lots Of Capital, Not So Much Federal Contracts For National Security Startups
The top venture capital backed national security startup companies have raised tens of billions of dollars to fund their operations but far less when it comes to winning federal contracts, […]
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Business/Financial
DoD Seeks Help On Improving Cash Flow To Suppliers
The defense industrial base (DIB) in general is healthy although less so below the prime contractor level, prompting the Defense Department to ask for input on ways to improve cash […]
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Advanced / Transformational Technology
Classified AI Briefing to Senators A ‘Candid, Wake Up Call,’ Schumer Says
Pentagon, intelligence, and White House officials’ classified, artificial intelligence (AI) briefing to about 70 senators on July 11th was a “candid, wake up call,” Senate Majority Leader Chuck Schumer (D-N.Y.) […]
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Congress
Senate Defense Authorizers Direct Closer Look At DoD Innovation Unit
The Senate Armed Services Committee (SASC) is tasking a government auditing agency to scrutinize a Defense Department office charged with accelerating the adoption of commercial technology, prompted by concerns over […]
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Business/Financial
Tech, VC Firms Urge DoD Adopt Commercial Technologies
Commercial technologies are ready for the Defense Department to use but the Pentagon could more quickly take advantage of these products and capabilities by implementing recent recommendations of a bipartisan […]
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Air Force
House Appropriators Insist on MYP Cost Savings, Zero EOQ Funding
Since fiscal 2018, Congress has added $1.6 billion to the U.S. Navy’s shipbuilding and conversion accounts for warship line items, including the Columbia-class attack submarines, to ramp up production through […]
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Business/Financial
HASC Would Block Biden Proposal Requiring Defense Contractors To Report Greenhouse Gas Emissions
A Biden administration proposal that would require defense contractors to disclose their greenhouse gas emissions (GHG) and plans to reduce those emissions was rejected by the House Armed Services Committee […]
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Pentagon
DoD Overvalued Ukraine Aid By $6.2 Billion, Will Use Funds For Future Weapons Packages
The Pentagon confirmed Tuesday it has overvalued weapons aid provided to Ukraine by $6.2 billion, with plans to use the available funds for future security assistance packages. Deputy Pentagon Press […]
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Navy/USMC
HASC Threatens To Shutter CAPE Over Amphibious Ship Reviews
The chairman’s draft of the House Armed Services Committee’ fiscal year 2024 defense authorization bill threatens to shutter the Office of Cost Estimate and Program Evaluation (CAPE) over disagreements with […]
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Pentagon
DoD Releases Recommendation From FMS Tiger Team Review
Defense Secretary Austin has approved the recommendations of Defense Department review into accelerating and improving the department’s role in foreign military sales (FMS), with some of the taskings calling for […]