Senior defense officials are pushing for new increases in private capital investment, which key analysts say has the potential to expand the defense industrial base and drive greater innovation into U.S. weapon systems. One of the most obvious opportunities for this is helping new entrants bridge the “valley of death,” according to Cynthia Cook, a defense analyst at the Center for Strategic and International Studies. From the government perspective, she said, any time the military receives 10 bids for one...
