Rising Merger mania, less spending on R&D driving Pentagon, defense contractors out of step on technology research and innovation

In 2018, the Department of Defense (DOD) concluded that technology advancements among potential adversaries posed growing challenges to U.S. defense capabilities, putting U.S. battlefield superiority at risk. In this environment, DOD has renewed its efforts to foster innovation and secure technological supremacy.   In response , the Pentagon’s undersecretary for research and engineering in 2018…