A Bridge Too Small: Why $49 Billion Can’t Fix a $1.5 Trillion Problem

Welcome to The Iron Triangle, the Cipher Brief column serving Procurement Officers tasked with buying the future, Investors funding the next generation of defense technology, and the Policy Wonks analyzing its impact on the global order. At least once per week, I meet well-intended, patriotic investors putting together funds aimed at bolstering our national defense. They are frustrated with the go

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