Dossier
The Iron Triangle
Coverage of The Iron Triangle in the Nexus archive.
- A Bridge Too Small: Why $49 Billion Can’t Fix a $1.5 Trillion Problem
The U.S. Department of War requested a historic $1.5 trillion budget for FY2027, a 42% increase aimed at modernizing the military. However, the article argues that increased capital alone cannot solve structural problems within the defense bureaucracy, as $49 billion in private capital remains underutilized and a new class of well-funded 'neoprimes' is consolidating the defense technology market.