China outbuilds America's ships at a staggering 230:1 ratio.
While the Pentagon spends over £630 billion annually on defence, this stark reality exposes a critical weakness in how we procure military capabilities. The issue isn't funding—it's a procurement system that rewards process over performance and stifles the very innovation our forces desperately need...
Via Andreessen Horowitz, Saronic CEO Dino Mavrookas argues the solution lies in three key reforms. First, maximise commercial contracting methods like Other Transaction Authorities to broaden competition beyond traditional defence giants. Second, reduce compliance burdens that effectively shut out innovative newcomers with breakthrough technologies. Finally, shift incentives to reward speed and delivery over bureaucratic box-ticking.
Companies like three-year-old Saronic Technologies prove this approach works—they've already brought multiple autonomous surface vessels to market by leveraging commercial supply chains and rapid prototyping. Yet our acquisition framework remains stuck in the past whilst strategic competitors race ahead.
What's the biggest barrier preventing your organisation from adopting more agile procurement practices? 🚢
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