Pentagon rallies lawmaker support for $75M program to boost key hardware companies

By Justin Doubleday / July 11, 2019 at 5:00 AM
The Defense Department's chief technology officer is rallying lawmakers' support for a new program aimed at shoring up investments in dual-use hardware technologies, which DOD argues have been underfunded by U.S. venture capitalists and are at risk of being captured by Chinese investments. In a July 2 letter to the congressional defense committees, Under Secretary of Defense for Research and Engineering Mike Griffin touts the National Security Innovation Capital (NSIC) program and encloses a June report on the new project...

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