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Special Operations, U.S.SOCOM, taking risks, small businesses | Defense Tech

Special Operations, U.S.SOCOM, taking risks, small businesses | Defense Tech

To James “Hondo” Geurts, the top weapons buyer for U.S. Special Operations Command, taking risks on fledgling defense companies is sometimes the only way to get the right gear to operators in months instead of years.

Geurts likes to use a Blackjack analogy to explain why he isn’t afraid to take chances on small business rather than playing it safe with defense contracting giants.

“If I can place 100 more bets than you, I don’t have to succeed every time. I may only have to succeed 10 percent of the time…

Source: Special Operations, U.S.SOCOM, taking risks, small businesses