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For now, says Office of Strategic Capital director Jason Rathje, his three-month-old office will work through existing programs outside the Defense Department, in hopes of boosting investment in critical tech, especially hardware.
FOX News: Navy secretary cited climate change as top priority as Biden proposes shrinking the fleet The Biden administration proposed cutting two ships from the Navy in its 2024 budget plan Secretary of the Navy Carlos Del Toro said he sees f…
The Defense Department’s new Office of Strategic Capital (OSC) has stood up its first program designed to leverage private capital to help drive investment in critical technologies for national defense that frequently are being overlooked in favor of a…
Former Pentagon official Jerry McGinn has a prescription for America’s production problems.
“Now is the time to drive the dramatic change necessary to make cyber threats far more difficult and far more costly for our adversaries,” DoD CIO John Sherman told Breaking Defense.
A U.S. MQ-9 surveillance drone crashed into the Black Sea on Tuesday following a collision with Russian fighter aircraft, U.S. Air Forces Europe said in a statement. Officials said two Russian Su-27 aircraft “conducted an unsafe and unprofessional inte…
A ponderous budget process, overspending on old tech, and chronically late appropriations hamstring the Pentagon’s ability to tap into private-sector innovation, according to the foundation’s new scorecard.
The Pentagon’s $842 billion budget request for fiscal year 2024 includes a 12 percent increase in spending on munitions, with department officials detailing a priority for “maxing out” production capacity of key weapons. Senior officials detailed the …
The Defense Department’s research, development, test and evaluation budget request represents a 4 percent increase from FY23 levels, according to budget documents.
Smaller suppliers need larger primes and Pentagon officials to engage more to keep the US supply chain healthy, write Spirit AeroSystems executives Josh Boehm and Wendy Crossman.