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Pentagon

Pentagon Details New Digital Marketplace To Connect Innovative Companies, Trusted Investors

By Matthew Beinart

Wednesday, January 13th, 2021

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Pentagon Details New Digital Marketplace To Connect Innovative Companies, Trusted Investors

Pentagon Acquisition Chief Ellen Lord (DoD Photo)

Pentagon officials on Wednesday detailed the new virtual “Trusted Capital Marketplace,” (TCM) which aims to bolster opportunities for U.S. venture capital (VC) firms to invest in emerging defense technologies and root out foreign investors from adversarial nations. The new digital market platform, which officially launched in December, already has 128 companies onboard and around 30 vetted capital providers, officials told reporters. “We are really hoping to diversify our Defense Industrial Base to bring on a lot of non-traditional companies to…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]