Defense Tech CEOs Urge Congress to Act on Pentagon Buying Rules

Bloomberg Government subscribers get the stories like this first. Act now and gain unlimited access to everything you need to grow your opportunities. Learn more.

Leaders of 19 software technology startups and small businesses send letter to Congress calling for changes to Pentagon innovation policy to keep pace with adversaries.

  • Letter, sent July 13, calls for fix to Small Business Innovation Research program’s so-called Valley of Death between government funding for continuing R&D and validation of a technology’s ability to be commercialized
  • Company heads also ask for clarification on procurement funding mechanisms for new Defense Department tech, including software-as-a-service
  • Industry heads want policy changes to go farther than provisions included in Congress’s annual defense policy bill; the House is voting on its version (H.R. 7900) today, while the Senate Armed Services Committee version awaits a floor vote

Stay informed with more news like this – the intel you need to win new federal business – subscribe to Bloomberg Government today. Learn more.

Top