The INSIDER daily digest -- Oct. 31, 2024

Today’s INSIDER Daily Digest starts with a deep dive into a private funding plan for the Navy’s submarine industrial base, more Microelectronics Commons news, Oshkosh believes it can make up for the loss of a combat vehicle contract with a postal truck, and some cyber news on the zero trust front.

The Navy thinks it has landed on a plan to boost its industrial base funding:

What investors, industry could gain from the Navy’s big bet on private equity

The Navy is in the early stages of a novel plan to funnel private money into the submarine industrial base. For the private equity group tapped as the service’s partner in this effort, tax incentives, enduring demand for submarines and a tenant-focused business model make this foray into shipbuilding a low-risk venture with promising returns.

There seems to be a rare opportunity to speed up national defense microchips:

Microelectronics Commons eyes framework to scale in chip production

There is near-unanimous agreement among stakeholders in Microelectronics Commons that the initiative is a “once-in-a-lifetime opportunity” to accelerate the domestic prototyping and production of microchips for national defense, according to one of the program’s leaders.

A new postal truck may make up for a contractor’s lost combat vehicle contract:

Oshkosh to offset lost JLTV contract pains with new postal service van

Oshkosh Defense reported a near 14% uptick in sales for this year’s third quarter despite dropping off in Joint Light Tactical Vehicle deliveries, senior officials reported during an earnings call Wednesday. They chalked up the boost mostly to low-rate production of a new delivery truck for the United States Postal Service, along with sales increases for its heavy and medium tactical vehicles and aftermarket parts.

Civilian agencies have been given some advice on working zero trust issues with the Navy:

Microsoft's Faehl: Civilian agencies should map zero trust work to Navy solution architecture, red teaming efforts

Government leaders plotting the next steps for civilian agencies in their zero trust journey should look to a solution architecture from the Navy as a model for implementation and apply a similar red-teaming approach for assurance, according to Microsoft chief federal security officer Steve Faehl.