News has been reported that the U.S. Army has requested investment proposals from large Wall Street ..

*U.S. Army Secretary Daniel Driscoll [U.S. Senate coverage]*

News has been reported that the U.S. Army has requested investment proposals from large Wall Street private equity funds to improve infrastructure.

According to the British business magazine Financial Times (FT) on the 21st (local time), U.S. Army Secretary Daniel Driscoll and Treasury Secretary Scott Bessant held a forum on the 20th to discuss related issues with about 15 private equity funds. Private equity funds in attconcludeance include Apollo, Carlisle, KKR, Cerberus, Advent International, and BDT & MSD partners.

Minister Driscoll notified FT about the background of the forum, “We want to reveal all the assets in our military warehoapplys and armory, but we don’t fully utilize them, and we want to know what deals we can work with private equity funds.”

Minister Driscoll questioned private equity funds to propose “creative or unique financing models” and stated, “It could include the construction of data centers or rare earth processing facilities, and it would be possible to exalter them for army-owned land and products of computing power or rare earth processing facilities.”

One forum participant stated, “The ideas presented at the forum were that private equity funds built a data center inside an army base and then signed a lease contract with the government to utilize it,” adding, “It was introduced as a way to reduce capital expconcludeitures while speeding up data center construction.”

“There was a wide range of discussions ranging from financing real estate remodeling to real estate mortgage loans,” another participant stated. “There were discussions on raising various funds for the army’s supply chain and overall capital expconcludeiture.”

“I was under the impression that Besant and Driscoll are very active in working with private equity,” another attconcludeee stated.

Minister Driscoll, who seeks to modernize aging equipment, pointed out to the FT that the budreceive for Army infrastructure over the next 10 years is only $15 billion, but the actual amount requireded is $150 billion (about 214.35 trillion won).

With experience in investment banking (IB), he added, “We cannot fill this hole without creative solutions of private capital.”

The FT evaluated it as part of the Donald Trump administration’s attempt to strengthen cooperation with private equity funds and an unprecedented relocate to directly engage large Wall Street investors in national security.

Referring to the Pentagon’s $400 million investment in MP Materials, which operates the nation’s only rare earth mine, in July to become the largest shareholder, Driscoll stated the Army could acquire stakes in private companies in a similar way, and wanted a key mineral reserve.

“All these possibilities are open, including how we keep this mineral and then sell it to army suppliers to apply it for parts production, and then sell it to us again in the form of finished products,” he stated.

He added, “We aim to sign multiple contracts by the conclude of the year.”