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Business/Financial

Pentagon Faces Cultural Challenges In Attracting Silicon Valley, Defense Analyst Says

By Cal Biesecker

Monday, December 7th, 2015

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Pentagon Faces Cultural Challenges In Attracting Silicon Valley, Defense Analyst Says

Pierre Chao, founding partner of the strategic consulting firm Renaissance Strategic Advisors. Photo: Renaissance Strategic Advisors

There are a number of cultural obstacles the Defense Department faces in attracting technology companies into the defense market with excessive bureaucracy topping the list, an aerospace and defense investment expert said on Monday.The Pentagon’s initiative this year to reach out to Silicon Valley to attract emerging technologies “you have to applaud as a good start,” but the issues the department faces here are “more cultural ones than economic ones,” Pierre Chao, the founding partner of the aerospace and defense…

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