House appropriators want $1B tech 'hedge portfolio' managed by Defense Innovation Unit

By Tony Bertuca / June 20, 2023 at 1:51 PM
The House Appropriations defense subcommittee wants to allocate about $1 billion for the Pentagon to build a "hedge portfolio" to fund emerging military technologies that can be fielded within one to three years, according to a draft report obtained by Inside Defense . “This hedge portfolio of many smart, affordable, modular and sustainable systems could include, but is not limited to, low-cost, light-logistics multi-domain drones, satellites and munitions; agile communications compute, and sensor nodes; and artificial intelligence agents and users,”...

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