The calculus that venture capitalists make in the defense sector is a harsh one. But few in government and too few in the private sector understand how it really works.
The Air Force has been looking at drones to mix with manned fighters as Collaborative Combat Aircraft (CCAs). Now, it s signaling something about what it wants to buy.
The Australian Navy is investing in two different submarine technologies to counter the rising power of China. One approach involves building expensive nuclear-powered submarines, while the other focuses on developing cheap and fast unmanned submarines powered by artificial intelligence (AI), known as Ghost Sharks. The Ghost Sharks, costing less than 1% of the nuclear submarines, will be delivered by mid-2025. The use of AI and automation is revolutionizing military power and could potentially reshape the rivalry between China and the US.