The Department of Defense Office of Strategic Capital appears “too cozy” with private investment firms and may lack the proper guardrails to prevent conflicts of interest, Sen. Elizabeth Warren (D-Mass.) wrote to Under Secretary of Defense for Research and Engineering Heidi Shyu on Sunday evening in a letter shared exclusively with The Hill. Defense Secretary…
The plan lays out three lines of efforts: accelerating the development of joint warfighting capabilities, fielding capabilities at speed and scale, and ensuring the foundations for research and development through workforce development and upgrading physical and digital infrastructure.
The office, located within Space Command headquarters, connects and elevates the work of two organizations already working with private sector companies.