:

Advanced / Transformational Technology

Lots Of Capital, Not So Much Federal Contracts For National Security Startups

By Cal Biesecker

Friday, July 14th, 2023

SHARE:

Lots Of Capital, Not So Much Federal Contracts For National Security Startups

X-Bow's Bolt Rocket Successful Launch, July 23, 2022. Photo: X-Bow

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, says a report released this month by the Silicon Valley Defense Group (SVDG). “To date, the DoD and IC have provided lip service and door prizes but no sustained commitments to ensure that the venture-funded defense and dual-use startups become part of major acquisition programs,” says the NatSec100 & the…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]