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, housed within the Scowcroft Center for Strategy and Security, generates ideas and connects stakeholders in the defense ecosystem to promote an enduring military advantage for the United States, its allies, and partners. Our work identifies the defense strategies, capabilities, and resources the United States needs to deter and, if necessary, prevail in future conflict.

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