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Tillerson takes the stand in Barrack trial

Rex Tillerson, who served as the Trump administration’s top diplomat from 2017 to 2018, is the first member of Trump’s administration to testify. ....

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The Pentagon Wants to Keep China Away From US Space Tech

The DoD created something called the trusted capital program that encourages venture capital firms to get vetted by the DoD so they can be noted as sources of “clean capital." ....

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DoD's New Pushback Against Chinese Money In US Defense Industry « Breaking Defense - Defense industry news, analysis and commentary

By
Paul McLeary
on April 12, 2021 at 6:01 AM
F-35 production line
WASHINGTON: Faced with a massive spike in Chinese companies burrowing into the US defense manufacturing base, a new Pentagon effort has approved more than $311 million in potential partnerships between US venture capital firms and small tech firms since January in an attempt to keep Chinese money and influence out.
In recent years, Chinese investment in small US tech and manufacturing firms has increased by a staggering 420% according to one analysis, an avalanche of money that could directly impact national security if that spigot were turned off in a time of crisis. ....

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DoD TCDM to Connect Inventors with "Trusted" Funding

Saturday, January 16, 2021
On January 13, 2021, the Department of Defense (DoD) announced the launch of its Trusted Capital Digital Marketplace (TCDM) to support qualified small and medium sized businesses (“Domestic Companies”) that make up the defense industrial base (DIB). The TCDM establishes a forum to provide selected innovative domestic companies with access to “vetted” sources of private capital in the form of loans, loan guarantees, incentives, and investments to enhance the capability of the DIB to serve our defense and national security needs.
The TCDM has been in development for several years, and is comprised of military stakeholders, trusted capital providers, and capability providers. ....

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