A new wave of technology firms, many emerging from Silicon Valley, is challenging traditional defense contractors for lucrative contracts with the Pentagon. These startups are backed by prominent investors such as Andreessen Horowitz, Lux Capital, and Point72 Ventures. The competition is expected to create a new Military Industrial Complex that could lead to political turbulence in the coming years as these innovative companies seek to reshape defense procurement processes. The shift highlights a growing interest among tech firms to influence national security policies and operations.
The new Military Industrial Complex sprouting out of Silicon Valley will be a powerful contender to the classic flavor. Whoever wins out, their inevitable conflicts will generate significant political turbulence in the years to come. https://t.co/3IRTox31qM
Andreessen Horowitz, Lux Capital and Point72 Ventures are backing a new generation of startups in El Segundo. (Illustration: Emily Scherer for Forbes; Photos: Andy Ryan, Taek-Sang Jeong via Getty Images) https://t.co/VTH33LVdKf https://t.co/mXYFJfEzWR
An assortment of new firms, born in Silicon Valley or incorporating its disruptive ethos, have begun to challenge the older ones for access to lucrative Pentagon awards. https://t.co/3IRTox31qM