Leading Defense Technology Companies and Investors Pen Open Letter Urging Acquisition Reform
MOUNTAIN VIEW, Calif., June 26, 2023 /PRNewswire/ -- Applied Intuition, a software solutions provider for autonomous vehicle development, and 12 leading venture capital and defense technology firms announced an open letter to Secretary of Defense Lloyd J. Austin III with concrete and actionable recommendations to reform acquisition, overcome barriers to innovation, and revise specific Planning, Programming, Budgeting, and Execution (PPBE) structures.