New Defense Tech Firms Gain Traction, Challenging Established Giants

New defense tech startups are surging in the Pentagons contract landscape, with valuations soaring and partnerships forming. However, they face challenges in scaling production and competing with established defense firms. The Pentagon aims to shift towards a more agile system, but bureaucracy and powerful defense giants pose hurdles. Despite these challenges, a significant shift in the defense industry is underway, with new players gaining a stronger foothold.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.