14 juillet 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

Contract Awards by US Department of Defense - July 13, 2020

AIR FORCE

The Boeing Co., St. Louis, Missouri, has been awarded a $22,890,000,000 indefinite-delivery/indefinite-quantity contract (FA8634-20-D-2704). The first delivery order has been awarded as an undefinitized contract action with a total not-to-exceed value, including options, of $1,192,215,413. It is a cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee, firm-fixed-price effort for the F-15EX system. This delivery order (FA8634-20-F-0022) provides for design, development, integration, manufacturing, test, verification, certification, delivery, sustainment and modification of F-15EX aircraft, as well as spares, support equipment, training materials, technical data and technical support. Work will be performed in St. Louis, Missouri; and at Eglin Air Force Base, Florida, and is expected to be completed Dec. 31, 2023. This award is the result of a sole-source acquisition. Fiscal 2020 research, development, test and evaluation funds in the amount of $248,224,746; and fiscal 2020 aircraft procurement funds in the amount of $53,000,000 are being obligated at the time of award. Air Force Life Cycle Management Center, Wright-Patterson AFB, Ohio, is the contracting activity.

Filius Corp., Centreville, Virginia, has been awarded a $70,617,597 indefinite-delivery/indefinite-quantity, firm-fixed-price contract for the AN/TYQ-23A (V)1 Tactical Air Operations Module weapons system logistics support. The contractor will provide all labor, tools, equipment, technical data/manuals, materials, supplies, parts, original equipment manufacturer (OEM) service bulletins and services necessary to perform contractor logistics support on TYQ-23A (V)1 in accordance with OEM standards (commercial standards if third party is performing service/repair), including software/firmware upgrades. This support will also include emergency and preventative maintenance for any future technologies designed to be implemented in the TYQ-23A. Work will be performed in Centreville, Virginia, and is expected to be completed July 2025. This award is the result of a competitive acquisition with five offers received. Fiscal 2020 operations and maintenance funds in the amount of $2,300,000 are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity (FA8217-20-D-0005).

Renco Corp., Manchester, Massachusetts, has been awarded a not-to-exceed $22,400,000 undefinitized contract action for capacity expansion of Nitrile beutadine rubber (NBR) gloves production for the Department of Health and Human Services in care of the Joint Acquisition Task Force. This contract provides for the procurement of raw NBR materials, dipping lines, storage tanks, storage equipment, roofing repairs, lighting, loading docks, water treatment, solar roofs and a remote facility to be determined at a later date in the south central part of the U.S. in order to bring an industrial base and to replenish the strategic national stockpile of Nitrile produced rubber gloves back to the U.S. Work will be performed in Colebrook, New Hampshire, and is expected to be completed July 14, 2021. This award is the result of a sole-source acquisition. Fiscal 2020 other procurement funds in the amount of $22,400,000 are being obligated at the time of award. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity (FA8527-20-C-0005).

NAVY

Blue Rock Structures Inc.,* Pollocksville, North Carolina (N40085-16-D-6300); Daniels & Daniels Construction Co. Inc.,* Goldsboro, North Carolina (N40085-16-D-6301); Joyce & Associates Construction Inc.,* Newport, North Carolina (N40085-16-D-6302); Military & Federal Construction Co. Inc.,* Jacksonville, North Carolina (N40085-16-D-6303); Quadrant Construction Inc.,* Jacksonville, North Carolina (N40085-16-D-6304); and TE Davis Construction Co.,* Jacksonville, North Carolina (N40085-16-D-6305), are awarded a $90,000,000 firm-fixed-price modification to increase the maximum dollar value of indefinite-delivery/indefinite-quantity, multiple award construction contracts for general construction services within the Marine Corps Installations East area of responsibility. After award of this modification, the total maximum dollar value for all six contracts combined will be $339,000,000. Work will be performed at Navy and Marine Corps installations at various locations including, but not limited to, North Carolina (90%); Georgia (3%); South Carolina (3%); Virginia (3%); and other areas of the U.S. (1%). The work to be performed provides for general construction services including, but not limited to, new construction, demolition, repair, alteration and renovation (total/partial/interior/exterior) of buildings, systems and infrastructure, which may include civil, structural, mechanical, electrical and communication systems; installation of new or extensions to existing high voltage electrical distribution systems; extensions to the existing high pressure steam distribution systems, potable water distribution systems and sanitary sewer systems; additional storm water control systems; painting; removal of asbestos materials and lead paint; and incidental related work. Work is expected to be completed by December 2020. No funds will be obligated at the time of award; funds will be obligated on individual task orders as they are issued. Future task orders will be primarily funded by operations and maintenance (Marine Corps); and military construction funds (Marine Corps). The Naval Facilities Engineering Command Mid-Atlantic, Norfolk, Virginia, is the contracting activity.

Huntington Ingalls Inc., Newport News, Virginia, is awarded a $35,346,618 cost-plus-fixed-fee, firm-fixed-price modification to a previously awarded contract (N00024-16-C-4316) to continue performance of the repair, maintenance, upgrades and modernization efforts on the USS Helena (SSN 725) dry-docking selected restricted availability (DSRA). Work will be performed in Newport News, Virginia. The contracted requirements include advance and new work efforts necessary to repair, and maintain full unrestricted operation of the submarine, as well as upgrades and modernization efforts required to ensure the submarine is operating at full technical capacity as defined in the availability work package during the Chief of Naval Operations scheduled availability. Work is expected to be completed by October 2020. Fiscal 2020 operations and maintenance (Navy) funding in the amount of $35,346,618 will be obligated at time of award and will expire at the end of the current fiscal year. In accordance with 10 U.S. Code 2304(c)(1), this contract was not competitively procure; only one responsible source and no other supplies or services will satisfy agency requirement. The Supervisor of Shipbuilding, Conversion and Repair, USN, Newport News, Virginia, is the contracting activity.

L3 Technologies Inc., Camden, New Jersey, is awarded a $34,999,948 fixed-price-incentive-firm-target contract for the detail design and fabrication of a prototype Medium Unmanned Surface Vehicle (MUSV). This contract includes options for up to eight additional MUSVs, logistics packages, engineering support, technical data, and other direct costs, which, if exercised, will bring the cumulative value of this contract to $281,435,446. Work will be performed in Morgan City, Louisiana (72.7%); Arlington, Virginia (9.8%); Jeanerette, Louisiana (8.1%); New Orleans, Louisiana (6.6%); Worthington, Ohio (1.7%); Lafayette, Louisiana (0.9 %); and Gautier, Mississippi (0.2%), and is expected to be completed by December 2022. If all options are exercised, work will continue through June 2027. Fiscal 2019 and 2020 research, development, test and evaluation funding in the amount of $34,999,948 will be obligated at the time of award, and $29,779,038 will expire at the end of the current fiscal year. This contract was competitively procured via Federal Business Opportunities (now beta.SAM.gov), and five offers were received. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-20-C-6312).

Northrop Grumman Systems Corp., Linthicum, Maryland, is awarded an $11,300,000 not-to-exceed, cost-plus fixed-fee contract for the procurement of transitional development and sustaining engineering services for the Ground/Air Task-Oriented Radar (G/ATOR), to include software support activity transition, low/slow/small capability development and ground weapons locating radar improvements. The G/ATOR program is managed within the portfolio of Program Executive Officer Land Systems, Quantico, Virginia. Work will be performed in Linthicum, Maryland, and is expected to be completed by July 2021. Fiscal 2020 research, development, test and evaluation (Marine Corps) funds in the amount of $2,217,296; and fiscal 2020 operations and maintenance (Marine Corps) funds in the amount of $3,000,000 will be obligated at the time of award. Funds will not expire at the end of the current fiscal year. This contract was not competitively procured and was prepared in accordance with Federal Acquisition Regulation 6.302-1 and 10 U.S. Code 2304(c)(1). The Marine Corps Systems Command, Quantico, Virginia, is the contracting activity.

General Dynamics Electric Boat, Groton, Connecticut, is awarded an $8,127,069 modification under previously awarded contract N00024-16-C-2111 to perform alterations during the USS South Dakota (SSN 790) post-delivery work period. Work will be performed in Groton, Connecticut. General Dynamics Electric Boat will perform planning and execution efforts on SSN 790, USS South Dakota. Work is expected to be completed by December 2020. No funding will be obligated at time of award. The Supervisor of Shipbuilding Conversion and Repair, Groton, Connecticut, is the contracting activity.

General Dynamics Electric Boat, Groton, Connecticut, is awarded a $7,829,633 modification under previously awarded contract N00024-16-C-2111 to perform alterations during the USS South Dakota (SSN 790) post-delivery work period. Work will be performed in Groton, Connecticut. General Dynamics Electric Boat will perform planning and execution efforts on SSN 790, USS South Dakota. Work is expected to be completed by December 2020. No funding will be obligated at time of award. The Supervisor of Shipbuilding Conversion and Repair, Groton, Connecticut, is the contracting activity.

General Dynamics Electric Boat Corp., Groton, Connecticut, is awarded a $7,765,664 cost-plus-fixed-fee modification to a previously awarded contract (N00024-09-C-2104) for planning and execution of USS Delaware (SSN 791) post delivery work period (PDWP). Work will be performed in Groton, Connecticut. Electric Boat Corp. will perform planning and execution efforts, including long lead time material procurement, in preparation to accomplish the maintenance, repair, alterations, testing, and other work on USS Delaware (SSN 791) during its scheduled PDWP. Work is expected to be completed by October 2020. Fiscal 2020 shipbuilding and conversion (Navy) funding in the amount of $7,765,664 will be obligated at the time of award and will not expire at the end of the current fiscal year. The Supervisor of Shipbuilding Conversion and Repair, Groton, Connecticut, is the contracting activity.

DEFENSE LOGISTICS AGENCY

Hikma Pharmaceuticals USA Inc., Eatontown, New Jersey, has been awarded a maximum $42,907,336 fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for various pharmaceutical products. This was a competitive acquisition with one response received. This is a one-year base contract with nine one-year option periods. Location of performance is New Jersey, with a July 12, 2021, ordering period end date. Using customers are Army, Navy, Air Force, Marine Corps and federal civilian agencies. Type of appropriation is fiscal 2020 through 2021 Warstopper funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE2D0-20-D-0006).

ARMY

Mathy Construction Co., Onalaska, Wisconsin, was awarded an $8,870,763 modification (P00002) to contract W911SA-19-D-2018 for asphalt paving at Fort McCoy. Work will be performed at Fort McCoy, Wisconsin, with an estimated completion date of July 14, 2022. Bids were solicited via the internet with one received. The U.S. Army 419th Contracting Support Brigade, Fort McCoy, Wisconsin, is the contracting activity.

Northrop Grumman Systems Corp., Herndon, Virginia, was awarded a $7,845,596 hybrid (cost-no-fee, firm-fixed-price) contract to provide U.S. Forces Korea with information technology, architecture and engineering, command and control networks and associated systems support services. Bids were solicited via the internet with five received. Work will be performed in Pyongtaek, South Korea, with an estimated completion date of July 31, 2025. The 411th Contracting Support Brigade, Camp Red Cloud, South Korea, is the contracting activity (W91QVN-20-F-0440).

*Small Business

https://www.defense.gov/Newsroom/Contracts/Contract/Article/2272447/source/GovDelivery/

Sur le même sujet

  • Recalculating: GPS, L-band and the Pentagon’s untenable position on 5G

    27 avril 2020 | International, C4ISR

    Recalculating: GPS, L-band and the Pentagon’s untenable position on 5G

    Daniel S. Goldin Last week, Ajit Pai, the chairman of the Federal Communication Commission, submitted the L-band Ligado spectrum proposal for approval, which, he said, will “make more efficient use of underused spectrum and promote the deployment of 5G” with “stringent conditions to prevent harmful [GPS] interference.” All five FCC commissioners voted to affirm the proposal, which was formally published in a 70-page report. L-band is a critical piece of spectrum that will help accelerate the deployment of U.S. 5G so we can compete and ultimately win against China. The Department of Defense argues that use of the L-band (as Ligado proposes) will interfere with GPS, which is essential to our military and economy. The FCC's final order concludes that the testing upon which the DoD and other opponents based their GPS interference claims was invalid. L-band opponents' interference measurement (termed 1dB C/No) is “inappropriate” and “there is no connection presented in the technical studies” that prove this measure of interference “relates to performance-based metrics” of a GPS receiver. In short, the FCC said there is no harmful GPS interference, and opponents have been using a flawed methodology and an invalid test with which the FCC “strongly disagree[s].” The FCC's recent report is not the first time the Ligado proposal was determined to cause no GPS interference. In early 2019, the National Telecommunications and Information Administration under David Redl reviewed the Ligado proposal carefully — along with the 20 government agencies that comprise the review body — and determined there is no interference. The NTIA then wrote a recommendation for approval and, before it could get to the FCC, it was blocked, eventually leading to Redl's dismissal. Further, over 5,000 hours of testing, including 1,500 hours at a high-tech U.S./DoD-sponsored and designed facility (performed by the world-recognized standard-in-testing National Institute of Standards and Technology scientists and engineers), proved no harmful GPS interference. Afterward, a DoD expert who monitored and confirmed the testing results told me “there is no interference problem, only a bureaucracy problem.” Yet DoD has continued to blitz the executive and legislative branches, galvanizing opposition with a compelling plea: Ligado hurts GPS, which endangers military operations and will harm the economy. Powerful. But factually wrong. And if wrong, why is Defense Secretary Mark Esper continuing to lobby against the FCC? The FCC is an independent agency. The Communications Act of 1934 charged the FCC with regulating communications for important reasons, including “for the purpose of national defense.” So why is the DoD employing principles of war — offensive operations to mass upon and seize the objective — toward the demise of Ligado's proposal and, perhaps implicitly, Ligado itself? Members of the Senate Armed Services Committee and the House Armed Services Committee are weighing in on the DoD's behalf. They have been presented partial, one-sided information. Mr. Esper is a capable, reform-minded defense secretary who has brought much-needed change to the Pentagon. But he has also been advancing one-sided recommendations from his senior staff for GPS issues, some with longstanding connections to the highly influential Position, Navigation, and Timing Advisory Board — which enjoys a level of influence akin to a special interest group within the U.S. government. A reading of the defense secretary's November 2019 letter to the NTIA reveals that even the DoD was never really sure about its own GPS interference claims, stating merely there are “too many unknowns,” the “risks are far too great,” testing shows “potential for” disruption and the Ligado system “could have a significant negative impact.” Yet, once the Ligado proposal was presented for approval on April 15 — with no new testing or analysis since November — DoD leadership tweeted that Ligado's signal “would needlessly imperil” DoD capabilities that use GPS, and risk “crippling our GPS networks.” If taken at face value, this means the DoD has spent over $50 billion over 45 years on a military GPS system that is so fragile it can be rendered useless by a 10-watt transmitter (a refrigerator light bulb) operating 23 MHz away. If true, this would represent one of the most egregious mismanagements of taxpayer dollars in federal procurement history. The pandemic has shown that China is coercing nations in need of medical assistance to adopt Chinese 5G infrastructure. Coercion from Chinese dominance in 5G would be worse. Agencies like the FCC and NTIA are in the national security arena now. As Attorney General William Barr stated in February, “we have to move decisively to auction the C-band and bring resolution on the L-band. Our economic future is at stake. We have to bear in mind in making these spectrum decisions that, given the narrow window we face, the risk of losing the 5G struggle with China should vastly outweigh all other considerations.” It is time for bold, forward-looking leadership and a wartime mindset. Chairman Pai deserves credit for setting this example. His courageous decision, coupled with support from the FCC commissioners and the strong statements of support from Secretary of State Mike Pompeo and Barr, signals a new determination to win the 5G race. L-band spectrum will enable other key elements of the U.S. 5G strategy and private sector innovation faster than any other option. It also demonstrates that a science-based approach to technology and policy is critical, otherwise we will grind to a near halt on every major decision — like this one — to China's benefit. America is truly “exceptional,” and the envy of every political system the world over, because our system is anchored on the rule of law and institutions that allow stakeholders' competing interests to be adjudicated. All parties have had many years to make their cases. The FCC's world-class scientists and engineers have come to a conclusion. The DoD has no new information; it just does not like the result. After all the internal policy battles are fought, there is only one constituency that matters: the American people and their national and economic security, consistent with U.S. policy objectives grounded in facts. This is why we must embrace this scientifically sound and strategically wise decision by the FCC and move forward, guided by another more apt principle of war: unity of effort. https://www.c4isrnet.com/opinion/2020/04/24/recalculating-gps-l-band-and-the-pentagons-untenable-position-on-5g/

  • Unmanned Aerial Vehicle (UAV) Drones Market worth 48.88 Billion USD by 2023

    23 novembre 2017 | International, Aérospatial

    Unmanned Aerial Vehicle (UAV) Drones Market worth 48.88 Billion USD by 2023

    According to the new market research report on "Unmanned Aerial Vehicle (UAV) Drones Market by Type (Fixed Wing, VTOL, STUAS, MALE, HALE), Payload (Up to 150 and 600 kg), Component (Camera, Sensor), Application (Media & Entertainment, Precision Agriculture), and Geography - Global Forecast to 2023", the market is expected to grow from USD 17.82 Billion in 2017 to USD 48.88 Billion by 2023, at a CAGR of 18.32% during the forecast period. The growth of the UAV drones market is driven by factors such as increase in venture funding, rise in demand for drone-generated data in commercial applications, and rapid technological advancements. Military drones to capture the largest share of UAV drones market in 2017 Military drones are expected to capture the largest share of the UAV drones market in 2017. The military drones are being used successfully by defense agencies to guard their borders, to enforce law as well as for combat missions. For example, in September 2017, the US military launched six drone strikes against Islamic State positions in Libya. The adoption of military drones by various countries worldwide for military applications such as border security and spying is the key factor driving the growth of the military drones market. Sensors component estimated to grow at the highest rate during the forecast period Sensors are being used as payloads in UAVs for many commercial and military applications. Chemical, biological, radiological, and nuclear (CBRN) and laser sensors in military drones are used for marking targets, guiding munitions, missile defense, electro-optical countermeasures, and in inertial navigation systems, among others. The growing demand for sensors to be used in such vital military applications is the key factor driving the growth of the market for sensors. North America expected to hold the largest share of the market during the forecast period The market for commercial drones in North America is expected to grow exponentially owing to the release of the Part 107 rule by the Federal Aviation Administration (FAA) of the US in August 2016. UAVs have been used by the countries in North America for military and defense applications; currently, drones are also adopted for various commercial applications such as media and entertainment, precision agriculture, law enforcement, inspection, and surveys. In Canada, UAVs have been used in diverse environments and high-risk roles such as atmospheric research, including weather and atmospheric gas sampling, and oceanographic research. The current market is dominated by the players such as Northrop Grumman (US), DJI (China), General Atomics Aeronautical Systems (US), Parrot (France), Thales (France), 3DR (US), Boeing (US), PrecisionHawk (US), Lockheed Martin (US), Textron (US), and AeroVironment (US). https://www.marketsandmarkets.com/PressReleases/commercial-drones.asp

  • ‘The math doesn’t make sense’: Why venture capital firms are wary of defense-focused investments

    31 janvier 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    ‘The math doesn’t make sense’: Why venture capital firms are wary of defense-focused investments

    By: Aaron Mehta WASHINGTON — In American's technology marketplace, venture capital funds are crucial for pumping capital into small companies in need of cash infusions to keep operating. Part of the venture capital model is acknowledging that many of those businesses will fail, but if a few are successful, venture capitalists can make huge returns on their investments. At a time when the Pentagon is working hard to entice small technology companies to work on defense projects, venture capital, or VC, funding could further mature technology and give entrepreneurs a chance to keep projects going. And yet, investors seem wary of putting forth cash to support companies with a defense focus. Why? In the wake of the very public fight inside Google over working with the Pentagon — which ended with the company pulling the plug on its Project Maven participation — there was a consensus from the defense establishment that there may be a culture gap that is simply too large to overcome. But according to a trio of venture capitalists who spoke to Defense News in December, the reasons are simpler. Katherine Boyle, with VC firm General Catalyst, said the culture issue is overblown for the VC community. The reluctance to work on defense programs comes down to a mix of “math and history," she said. "The math is the reason why investors are hesitant to put a third of their fund into these types of technologies because history shows us that they haven't worked out well,” Boyle explained. She said the math can be broken down into three factors: mergers, margins and interest rates. On the first, she pointed to the fact that the defense sector has seen thousands of firms exit the market, sometimes because of acquisitions by primes. But, she argued, where mergers and acquisitions tend to occur in other parts of the world to acquire new technology or capability, in the defense realm it's all about contracting value. That makes it “very difficult for new technologies to enter the market and ultimately be acquired at the valuations that venture investors would need to see in order to have a return for their fund.” In terms of margins, Boyle pointed out that defense firms are very focused on hardware, which requires a lot of investment upfront. That makes it “very difficult to invest in for venture capital firms because software has 80 percent margins, and it's much easier to build a company that can scale very quickly if it's software-based versus needing a lot of capital,” she said. The third factor, interest rates, ties into the last two. For decades interest rates have allowed VC firms to expand dramatically — something that requires a constant flow of return from investments in order to turn around funds and quickly invest in another opportunity. In the world of defense, investors with $3 billion to $5 billion under management by the VC community will find it difficult to get the kind of returns investors are accustomed to from other markets. All three of those factors come together in a mix that means there are very few chances for VC firms to invest in defense-related companies that match up with what a VC traditionally wants to see, said John Tenet, a partner with investment firm 8VC and vice chairman of the defense company Epirus. “VC investors invest based on speed and scale and probability of a 10 to 20 times return. And so I think that's where you've seen a little bit of apprehension, at least in [Silicon] Valley,” Tenet said. “The exits haven't been that fast, and you sort of have these five big players on one side [that] sort of monopolize the market.” From a pure numbers standpoint, a good benchmark for performance is to look at the S&P 500, according to Trae Stephens, co-founder and chairman of Anduril Industries and partner at Founders Fund. Over a 10-year period, an investor in the S&P can expect to get roughly 3 times their investment back. VC firms want to be able to beat that for an investment to be worth it. To highlight the challenge of attracting VC funding to defense firms with potentially limited return, Stephens pointed to the case of Blackbird Technologies. A venture-backed player in specialized communications tech aimed at the defense market, Blackbird was bought in 2014 by Raytheon for about $420 million. That looks good on paper, but the reality is the churn isn't strong enough for a big, Silicon Valley-based venture capital group. “A lot of times in the government, people say: ‘Oh, Blackbird is this, like, great example of a success story that was like a boost for venture.' It's actually not. It's not a venture scale of return for most funds,” he said. “There are some funds where the economics of [an exit that size] is really good, but for large, Silicon Valley tier-one funds, it doesn't move the needle. And so you have to have these multibillion-dollar opportunities in order for it to really make economic sense.” Another issue raised by Stephens will be familiar to defense primes as well: concerns over sharing intellectual property with the Defense Department. The department is essentially saying “you are the right product for us, now turn over your source code,” Stephens said. “It's crazy. We're literally doing to our companies in America what we're criticizing the Chinese for doing to their companies and to our companies when we enter that market. And so there has to be a better commercial practice for enabling companies to retain their IP and do business with the government without having to fight a legal battle every time they go through a contract.” ‘Knock down the doors' Despite those concerns, all three venture capitalists that spoke to Defense News are involved in investments in defense-focused firms. So why are they spending their money in the sector? Mission is part of it — the belief that, as Americans, a stronger Defense Department benefits their firms. But that only goes so far if dollars don't follow. Once again, it comes down to math. Investing in a company focused on defense technologies, which may have to wait years to secure a contract with the Pentagon, isn't a great strategy for a VC firm looking for quick returns. But if a company is able to get government funding early on, the business suddenly becomes more worthy of investment, said Boyle. “If the government is allocating capital in the right way, it will get VC dollars immediately. Like, it will follow so quickly,” Boyle said. “I see so many people come in to our office and they have an OTA [other transaction authority contract], and they're excited. It's a small, $1 million contract, and that is great for a seed company. But if that same company came in 18 months later and said, ‘Oh, by the way, the OTA has turned into a $10 million contract,' that would meet every milestone that I usually see to series A.” (An OTA is a type of contract that enables rapid prototyping; series A financing is the investment that follows growth from initial seed capital used to launch operations.) “$10 million to the US government is nothing, but to [a] startup — $10 million is the best startup I've seen all year, if they're an 18-month-old startup and they're getting that kind of capital early on,” she said. Added Stephens: “It means they're doing something right.” That creates a chicken and egg scenario: Venture capitalists only want to invest in companies that already have a Pentagon contract, but small firms often can't keep the doors open long enough without external funding while waiting for the department's contracting processes to progress. While groups such as the Defense Innovation Unit — the Pentagon's technology hub — are helping speed along that process, it remains a problem with no easy solution, at a time when the Pentagon needs the nondefense technology community in ways it hasn't for decades. Boyle believes there is a “growing group” of investors who see the strong success of a handful of companies like goTenna, Anduril or Shield AI that have managed to break through and become successful defense-focused investment vehicles. That means the next few years are going to be critical for everyone involved. “None of us would be here if we weren't optimistic,” she said. “I actually think this is an incredible time to be investing in deep tech, particularly deep-tech companies that are selling to the Department of Defense because if it doesn't happen now, it never will.” https://www.defensenews.com/smr/cultural-clash/2020/01/30/the-math-doesnt-make-sense-why-venture-capital-firms-are-wary-of-defense-focused-investments/

Toutes les nouvelles