:

Pentagon

Pentagon Plans To Launch Virtual Trusted Capital Marketplace This Month

By Matthew Beinart

Thursday, December 3rd, 2020

SHARE:

Pentagon Plans To Launch Virtual Trusted Capital Marketplace This Month

Pentagon Acquisition Chief Ellen Lord (DoD Photo)

The Pentagon is planning to launch its virtual “Trusted Capital Marketplace” this month, a department official said Thursday, as it aims to bolster opportunities for U.S. venture capital (VC) firms to invest in emerging defense technologies. Ellen Lord, the department’s top acquisition official, said the electronic marketplace will serve as a means to provide smaller businesses working on innovative technologies more interaction with potential VC partners and help deter potential adversarial investment in those same companies. “It’s where we’re bringing…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]