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US Army needs $150 bn for upgrades. It wants Wall Street to foot the bill
October 22, 2025
|Business Standard
The US Army is short by about $135 billion to overhaul ageing bases, depots, and logistics, a funding gap it cannot fill through Congress.
Army Secretary Daniel Driscoll is now asking private equity giants such as Apollo, Carlyle, KKR, and Cerberus to help fund a $150 billion modernisation plan for the next decade, according to a report by the Financial Times.
The goal is to use under-utilised military land and assets to attract private investment into critical infrastructure and technology upgrades.
Last week, Driscoll and Treasury Secretary Scott Bessent co-hosted a closed-door forum with more than a dozen leading private capital firms. The aim was to get private finance to underwrite military modernisation.
Instead of seeking fresh Congressional appropriations, the Army pitched a framework that allows investors to use under-utilised military land and depots for projects that yield tangible infrastructure or services in return.
The proposed partnerships go far beyond routine contracting.
Data centres on army bases:
هذه القصة من طبعة October 22, 2025 من Business Standard.
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