Aerospace Group:

Advanced / Transformational Technology

New DoD Strategic Capital Office Outlines Initial Programs To Leverage Private Investment

By Cal Biesecker

Friday, March 17th, 2023

SHARE:

New DoD Strategic Capital Office Outlines Initial Programs To Leverage Private Investment

Dr. Jason Rathje, director, Office of Strategic Capital, Department of Defense. LinkedIn photo

The Defense Department’s new Office of Strategic Capital (OSC) has stood up its first program designed to leverage private capital to help drive investment in critical technologies for national defense that frequently are being overlooked in favor of areas where returns can be generated more quickly such as e-commerce, the OSC chief said last Friday. The first program is aimed at creating long-term capital for investment funds to invest in the critical technologies that DoD has identified. The Small Business…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]