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AEROSPACE NEWS

Army Invites Private Sector to Co-Invest in Modernization

Key Takeaways
  • The Army invites private industry to co-invest in its modernization effort.
  • The initiative aims to attract investment for areas like energy resilience and advanced manufacturing.
  • The Army seeks creative financial models and partnership strategies.
  • Interested partners must respond to the RFI by April 2.
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Strategic Implications

This initiative may signal a significant shift in the Army's approach to modernization, potentially leading to increased collaboration with private industry. The Army's desire for creative financial models and partnership strategies suggests a willingness to experiment with new approaches, which could benefit both the Army and private investors.

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What Happened

New Initiative Seeks Industry Partners For Installations And Tech

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, moving at the speed of innovation. The plan is to supplement traditional government funding with strategic capital, making such ventures self-sustaining without relying solely on taxpayer dollars. This announcement comes after Army Secretary Dan Driscoll has repeatedly shown his desire to shake up the way the Army does business, adopting a Silicon Valley approach to speed up production and delivery timelines. The initiative was first reported by Breaking Defense.

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Army Invites Private Sector to Co-Invest in Modernization

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Key Takeaways
  • The Army invites private industry to co-invest in its modernization effort.
  • The initiative aims to attract investment for areas like energy resilience and advanced manufacturing.
  • The Army seeks creative financial models and partnership strategies.
  • Interested partners must respond to the RFI by April 2.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This initiative may signal a significant shift in the Army's approach to modernization, potentially leading to increased collaboration with private industry. The Army's desire for creative financial models and partnership strategies suggests a willingness to experiment with new approaches, which could benefit both the Army and private investors.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

New Initiative Seeks Industry Partners For Installations And Tech

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, moving at the speed of innovation. The plan is to supplement traditional government funding with strategic capital, making such ventures self-sustaining without relying solely on taxpayer dollars. This announcement comes after Army Secretary Dan Driscoll has repeatedly shown his desire to shake up the way the Army does business, adopting a Silicon Valley approach to speed up production and delivery timelines. The initiative was first reported by Breaking Defense.

Source

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