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defense technology startups

Pentagon: New spin on a revolving door: Pentagon officials-turned-venture capitalists

When Defense Secretary Lloyd Austin and other top officials assembled for an event this month at the Ronald Reagan Presidential Library, they walked into a lesson in how the high-stakes world of Pentagon lobbying is being altered by the rise of defense technology startups.Inside, at this elite gathering, near Los Angeles, of senior leaders from government and the arms industry, was a rapidly growing group of participants: former Pentagon officials and military officers who have joined venture capital firms and are trying…