Silicon Valley. The non-profit Silicon Valley Defense Group (SVDG) is urging Congress to retain a House-passed provision in the final fiscal year 2024 defense appropriations legislation to provide $1 billion for Defense Innovation Unit to establish a Non-Traditional Innovation Fielding Enterprise (NIFE) hedge-fund portfolio. In an Oct. 24 letter to the leaders of the House and Senate Appropriations Committees, the group also calls on Congress to include a directive in the final FY ‘24 National Defense Authorization act proposed in…
Defense Watch: Silicon Valley, Rheinmetall/UKR, CBO Report
Defense Daily Staff
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