The most innovative companies have countless ideas and technologies that are useful to the Department of Defense, but doing business with DoD can look and feel very differently than what tech firms are used to. In Silicon Valley and beyond, firms that prize speed, agility, and the ability to pivot or launch a product on a moment’s notice can feel encumbered by red tape when collaborating with the government.
A DoD advisory panel was recently formed to expedite collaboration with non-traditional contractors—those companies who aren’t accustomed to DoD contracts.
So far, the Government Accountability Office has identified these challenges facing DoD contractors’ equipment needs, negotiations, and finances:
• Complex processes
• Drawn-out processes
• Inexperience on the part of DoD staff
• Unusual, government-specific terms and conditions
• Unpredictable budget and cash flow issues
• Conflicts with intellectual property rights
Government and the tech industry have long enjoyed a two-way street of innovation and growth. What’s different now? According to the GAO, the private sector has increased R&D spending by 200% since 1987, while the government has held steady at 10% growth.
Among the goals: speed up contracting agreements to 60 days max, and enable DoD agility with easier access to new technology platforms.
Technology for Government and Military Contractors
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From the TrailerCaddy Chain Drive battery-powered trailer hauler to the remote-controlled BombCaddy for explosives removal or general confined space towing, we have solutions that empower DoD contractors and make it easier to fulfill government work. Contact DJ Products today for more info!