Pentagon is considering Silicon Valley as its top destination to lure the tech industry. Currently, many innovative companies would not work with the Defense department because of the way how Pentagon does business. However, The Air Force is testing a new contracting approach that it believes will help lower the cost of its information systems and harness the latest technology trends. To motivate contractors and encourage new entrants to the market, the Air Force is promising to speed up the procurement cycle and to use simpler contracting mechanisms. Read More>>