The US Department of Defense is no longer just a customer of the military-industrial complex; it is now a shareholder.
The era of the monolithic defense prime is facing a disruptive new challenger: the government-backed pure-play. In a move that feels more like Silicon Valley than the Potomac, the Department of Defense (DoD) has announced a $1 billion investment in a spinoff from L3Harris Technologies. The new entity, dubbed Missile Solutions, is poised to become an […]