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Pentagon seeks tech firms
Salesforce has acquired Ron Technologies, a company specializing in AI for military logistics, in a deal worth $375 million. The acquisition is part of its efforts to enter the defense technology sector and win government contracts. Technology companies are competing for a foothold in the sector because long-term contracts provide a steady stream of revenue. Investment in the sector totaled about $4 billion in the first nine months of the year, compared with $500 million in 2024. The Pentagon’s budget for autonomous weapons is expected to rise to $54 billion in 2027, with potential technology contracts totaling $53 billion.
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