Pentagon Selects Five Contractors for Tech Funding on December 11, 2024, Amid Silicon Valley Interest from Joe Lonsdale
The Pentagon announced on December 11, 2024, that it has selected five small, non-traditional defense contractors to receive funding aimed at advancing their emerging technologies into production. This decision coincides with growing interest from tech billionaires, particularly from Silicon Valley, who are positioning themselves to influence the Department of Defense (DoD). Notably, Palantir founder Joe Lonsdale expressed hopes for a transformative change within the Pentagon, stating, 'A lot of us are hoping there’s a revolution coming, where we hold the bureaucracy accountable, where we shock the bureaucracy.' Furthermore, discussions are underway involving the Trump team and various finance and tech leaders, emphasizing the need for a shift from outdated practices and personnel within the DoD.
Sources
Paul McLearyThe Trump team is talking to lots of finance and tech folks eying the DoD. “You can’t keep appointing the same people you did 10 years ago, you can’t have the same organizations you had 10 years ago, and you can’t have the same processes.” https://t.co/XnEfI0po7N
Joe GouldTech billionaires prepare to invade the Pentagon “A lot of us are hoping there’s a revolution coming,” said Palantir founder Joe Lonsdale, “where we hold the bureaucracy accountable, where we shock the bureaucracy.” https://t.co/k12ZzUq15O @paulmcleary @JackDetsch
gil duran is on blueskyTech billionaires prepare to invade the Pentagon. A handful of Silicon Valley executives could help transform the country’s largest bureaucracy — and benefit themselves while trying. https://t.co/0d2Z3MmREl