On January 8, Stephen Rodriguez, senior advisor at Forward Defense, provided commentary in a War on the Rocks piece entitled “In Brief: How Long Until Defense Tech Limited Partners See Returns?” Rodriguez offered that, “until major primes or service providers start acquiring venture capital fund portfolios, especially at enterprise values of $250 million or more, it will be at least a decade before limited partners are made under the current model.”
Forward Defense leads the Atlantic Council’s US and global defense programming, developing actionable recommendations for the United States and its allies and partners to compete, innovate, and navigate the rapidly evolving character of warfare. Through its work on US defense policy and force design, the military applications of advanced technology, space security, strategic deterrence, and defense industrial revitalization, it informs the strategies, policies, and capabilities that the United States will need to deter, and, if necessary, prevail in major-power conflict.
