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Companies lobby Congress to approve $1 billion ‘hedge portfolio’

In an Oct. 24 letter, drafted on behalf of 63 companies, the Silicon Valley Defense Group calls on lawmakers to fully fund the provision.

Opinions

To stay competitive, US military complex must hurdle ‘Valley of Death’

The U.S. is in its decisive decade for competition with China, and technology is the primary arena for the rivalry.

House panel proposes expanded role for Pentagon’s top tech official

The draft fiscal 2024 defense policy bill would expand the role to focus more heavily on commercial technology integration.

SVB demise drew quick response from Pentagon’s Defense Innovation Unit

Prior to the government’s decision to intervene, DIU considered whether the agency has any tools to support defense startups exposed by the bank's failure.