SecDef Austin Summons Hypersonics CEOs

Well. it is more than that...these billionaires are spending their own money for space trips etc. When you spend Government money it has to be captured in the POM...once that is done RFI's and RFQ's have to be let, then a contractor has to be selected through competition and because of government regulations that have been in place for decades the contract must be *A set aside, small business, or minority owned business first then major businesses can compete. Then they have to hire certain people and meet certain legislative quotas and then when developed it has to meet mil specs and that is another cost and timeline through Research and development...The govt has too much damn red tape when it comes to Acquisitions...I should know, I was a Acquisitions officer that beat his head about the walls numerous times over the years. I have only seen a couple of streamlined acquisitions in my time and all of them were derived from existing sources.

Thanks for your thoughts.