Source: Responsible Statecraft
by Shana Marshall
“Traditionally, weapons expos are about putting producers in contact with buyers, and they feature large scale sites where companies set up booths to showcase hardware capabilities and include simulations and even live-fire demonstrations. In these spec-ops safe-spaces, government procurement officials and top brass could brush elbows with warlords and mercenaries to take turns shouldering JAVELINs and downing batch bourbons. But with the introduction of more Silicon Valley tech firms into the MIC, many industry gatherings feature asset managers and investors from venture capital and private equity firms who care less about the specs than the ROI. Gone are the ‘booth babes’ of yesteryear, replaced by baby-faced billionaires in Patagonia quarter zips. Spurred on by the advent of ZIRP (zero-interest rate policy), allowing investors to borrow money essentially for free, and the decline of consumer-focused tech products, investors have turned their focus to military markets.” (02/18/26)
https://responsiblestatecraft.org/defense-tech-silicon-valley/