The Pentagon’s shift from a buyer and regulator of military products toward private sector investment would get a boost if there’s a funding increase for a credit program targeting more than 30 critical national security industries and that has provided $1.25 billion in direct and conditional financing to date.
The Defense Department earlier this year requested $20 billion for the Office of Strategic Capital in fiscal 2027, compounding the $1.5 billion funded for OSC and related critical technology under last year’s Republican tax-and-spending megabill (
A second party-line budget reconciliation bill this summer ...