New Initiative Aims to Speed Innovation and Reduce Reliance on Taxpayer Dollars
The US Army has announced a new modernization effort, inviting private industry to directly co-invest in its installations, tech initiatives, and broader industrial base. The initiative, reflected in a new Request for Information, aims to attract significant investment for areas such as energy resilience, organic industrial base modernization, and advanced manufacturing. According to David Fitzgerald, performing the duties of the deputy undersecretary of the Army, the goal is to build the Army of tomorrow with private industry today. The plan is to supplement traditional government funding with strategic capital, making such ventures self-sustaining without relying on taxpayer dollars. This announcement was first reported by Breaking Defense.