The Importance of Public-Private Partnerships for the DOD

Reported about 15 hours ago

In a recent discussion on Yahoo Finance's Warrior Money, Andrew Bang, a former US Army captain now an investment advisor, highlighted the necessity for the Department of Defense (DOD) to enhance public-private partnerships. Despite a common perception of a limitless budget, the DOD faces significant financial constraints affecting innovation. Bang emphasized that collaborating with the private sector presents substantial opportunities for cost savings and investment returns, suggesting that these partnerships could help the DOD scale effectively while still ensuring support for veterans transitioning to civilian life.

Source: YAHOO

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