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Official: Pentagon Exploring New Model To Improve Outreach With Venture Capital Firms

Matthew Beinart By
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Official: Pentagon Exploring New Model To Improve Outreach With Venture Capital Firms
Assistant Secretary of Defense for Acquisition Kevin Fahey

The Pentagon is exploring a new consortium model for venture capital (VC) firms that would look to improve the ability of those companies to make targeted investments in specific technology areas of interest, a top department acquisition official said Thursday Kevin Fahey, the assistant secretary of defense for acquisition, told attendees at a Defense One event DoD is working to bring in more innovative ideas from non-traditional partners in a similar manner to the intelligence community’s (IC) use of the…

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