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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

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in 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 […]