Pentagon officials broadly detail $55 billion drone plan under DAWG
The bulk of funding comes in the form of reconciliation, a bet the department also made for a proposed hike to its Office of Strategic Capital loan program.
The bulk of funding comes in the form of reconciliation, a bet the department also made for a proposed hike to its Office of Strategic Capital loan program.
Even just "mapping the supply chain is hard stuff," said Reza Nikfarjam, deputy director of the Credit Program at the Pentagon's Office of Strategic Capital (OSC).
Rep. Elise Stefanik criticized the Air Force’s decision to terminate a fellowship program that paired DoD personnel with the private sector as “shortsighted and misguided,”
“We're focused on not only the core technology, but the companies and industries that comprise that both in the areas that are kind of more closer to the department… artificial intelligence for autonomy, for example, but also in areas that are deep within the supply chain, like semiconductors,” Jason Rathje said.
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.
The Defense Department's research, development, test and evaluation budget request represents a 4 percent increase from FY23 levels, according to budget documents.
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“OSC was fundamentally established to give the Department of Defense a new tool in our current competition because today the United States… is in a global competition to be a world leader in emerging and critical technologies,” Jason Rathje, OSC director, said, noting they'll be taking applications for investment later this year.