A bipartisan group of lawmakers from both chambers of Congress introduced the Investing in American Defense Technologies Act on May 4 to strengthen the United States’ competitiveness with China in advanced defense capabilities.
The bill—sponsored by Sen. Jacky Rosen (D-Nev.), Sen. Marsha Blackburn (R-Tenn.), Rep. Chrissy Houlahan (D-Pa.), and Rep. Pat Fallon (R-Texas)—will encourage private capital investment in small defense firms producing advanced capabilities such as hypersonics.