:

Pentagon

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

By Matthew Beinart

Friday, June 28th, 2019

SHARE:

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…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]