<ul><li>In February 2022, a DoD study revealed a significant decline in the number of defense prime contractors, paving the way for smaller companies to access larger contracts.</li><li>Legislation like the National Defense Authorization Act (NDAA) in late 2024 has enabled rapid prototyping and fielding of innovative technologies by smaller defense contractors.</li><li>The U.S. allocated $849.8 billion in the 2025 DoD budget, with an additional $130 billion spent during the war in Ukraine, largely on unmanned battlefield solutions.</li><li>Companies like TurbineOne have developed technologies such as the Frontline Perception System (FPS) to revolutionize targeting on the battlefield, showcasing the rapid innovation in the defense tech sector.</li></ul>

The Defense Tech Renaissance: How Structural Shifts, AI, and Venture Capital Are Fueling a New Wave…

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