AXIOS

entagon officials say the U.S. stands at the precipice of a new golden age of defense innovation driven by upstart contractors, advances in technology and a world brimming with threats.

Why it matters: The Defense Department’s inability to make unorthodox bets, feed a vibrant industrial base and embrace readily available technologies has rendered it under-supplied, the target of dual-use evangelists and vulnerable to more nimble adversaries.

Driving the news: Deputy Defense Secretary Kathleen Hicks said in a speech last week the department “cannot tolerate the same old mindsets” as it butts heads with Russia and China, while also invoking America’s mass production overhaul during World War II.

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