At a recent event at the Ronald Reagan Presidential Library, top Pentagon officials and defense technology startups gathered, illustrating a shift in Pentagon lobbying dynamics. The event highlighted the growing influence of venture capital firms in the defense sector, staffed by former Pentagon officials and military officers leveraging their connections to promote new military technologies. This trend represents a modern twist on the traditional revolving door between the Defense Department and military contractors.
These firms, led by ex-Pentagon officials, regularly utilize their government connections to push for new defense procurement policies, raising questions about industry access and influence at the Pentagon.Â
Best Coverage: https://www.nytimes.com/2023/12/30/us/politics/pentagon-venture-capitalists.html
