Research, briefings, and field notes on federal capital movement, defense procurement, and what the data actually says. From the HighGround team.
John Price joins Tyler Sweatt to break down how government demand actually shows up, where investors and operators misread it, and how to identify where real programs and real money sit.
A $1.45T FY27 request, up 44% YoY, with investment share at 52.2% of topline. The dollar figure will get the headlines. The allocation inside it is the story.
Conference trimmed some of the most aggressive commercial reforms out of the FY26 NDAA. A clear read on what passed, what died, and what it changes.
A decade of SBIR data reveals a program dominated by repeat winners, concentrated in two states, with only six percent of recipients reaching real commercialization.
The Pentagon stopped publishing out-year estimates. Reconciliation split the budget in two. Planning a multi-year defense business on this visibility is no longer realistic.
The Army used AUSA 2025 to declare an inflection point. The more useful question is what that declaration means for vendors, investors, and program offices.
No cadence. No fluff. Original analysis on government demand, defense procurement, and federal capital movement, sent when we have something worth reading.
For PE, VC, sell-side, BD, capture, and strategy teams covering defense.
