EconDefense
IND-11 / Industrial capacity, capital and credit

Convene public/private capital and vet agency investment transactions

A National Security Capital Forum connects financiers, firms, partner nations and agencies and acts as a clearinghouse for potential loan/equity transactions by agencies with their own authorities.

Authority / instrument · IND-11

Capital coordination

Industrial capacity, capital and credit

Statute & instrument
Authority holder

Secretary of Defense; OSC Director chairs

What this does not authorize / hard limit

Forum coordination is not itself authority to buy equity or obligate another agency’s money

Recorded executor

OSC Director and credit transaction team

Continue to actor →

Institutional routing from the recorded executing role. See the office profile for its published responsibilities and engagement routes.

Legal basisSources linkedLegal sources and instrument limits are recorded.
RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action.
Public fundingScale documentedAdministrative appropriations; each transaction must carry its own substantive authority and funds. Office budget figures are separate institutional context, not an allocation to this instrument.
Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent.
EngagementProgram unverifiedThe Forum has statutory duties and a corroborated vice-chair role, but the public participation and transaction-review process remains unverified. Program check: 2026-10-04; see each route for intake status.

Public evidence describes the institution and instrument; it is not approval of an individual transaction.

At a glance

Mission goalExpand production
Possible toolIND-11 · Investment & capital

Authority holder: Secretary of Defense; OSC Director chairs

Investment & capital

Mechanism tags describe the source text; they do not expand the authority.

Availability and verification

Conditional legal pathway; current funding, required determinations, and actual delegation not certified.

Program process and intake

Checked 2026-10-04 · implementation not verified. Program evidence is separate from legal authority, available funds and transaction approval.

The Forum has statutory duties and a corroborated vice-chair role, but the public participation and transaction-review process remains unverified.

National Security Capital Forum

Who this route serves
Government and vetted private/partner-nation capital participants; no public application process verified.
Administering office / routing lead
OSC Director as statutory chair; EDU director documented as vice chair
Unverified

Section 1092 of PL 118-159 created the Forum; PL 119-60 section 867(c) expanded its clearinghouse/vetting role and section 867(d)(2) time-limited those amendments. This does not verify an operating public intake.

What this evidence label means
Organizational role corroborated; public process not verified

The March 2026 Key Officials publication records EDU’s director as Forum vice chair. A public participation form, current operating guidance or meeting/transaction workflow was not located.

Status reference date: 2026-03-24 · research checked 2026-10-04

DoD Historical Office — Key Officials, March 24, 2026 · Printed p.87, Economic Defense Unit; summarizes February 4, 2026 Deputy Secretary memorandumofficial program guidance · published 2026-03-24 · Evidence record

Program eligibility

  • The statute requires participant vetting and conflicts procedures, including restrictions concerning adversarially connected investors.

    Public Law 118-159 · Section 1092 National Security Capital Forum; section 924 OECstatute · published 2024-12-23 · Evidence record

Steps and preparation

  • Forum coordinates capital and agency transactions; each participating agency retains the authority and funds for its own transaction.

    Public Law 119-60 · Sections 867 and 906statute · published 2025-12-18 · Evidence record
Funding, limits and authority relationship

Funding and financial terms

  • Coordination mechanism, not an investment fund · PL118-159 as amended by PL119-60

    No standalone Forum investment appropriation was established by the provisions reviewed; agency transactions require their own authority and resources.

    Public Law 119-60 · Sections 867 and 906statute · published 2025-12-18 · Evidence record

Exclusions and limits

  • Expanded clearinghouse provisions sunset December 31, 2035; coordination does not authorize equity purchases or obligation of another agency’s funds.

    Public Law 119-60 · Sections 867 and 906statute · published 2025-12-18 · Evidence record

Authority relationship source

Public Law 119-60 — National Security Capital Forum amendments · Section 867(c), adding the Forum clearinghouse/vetting provisions to PL 118-159 section 1092; section 867(d)(2), December 31, 2035 termination of amendmentsstatute · published 2025-12-18 · Evidence record

Forum statutory framework →

legal reference: Not an application portal or confirmed public contact.

Source access and verification notes
  • DoD Historical Office — Key Officials, March 24, 2026 · Printed p.87, Economic Defense Unit; summarizes February 4, 2026 Deputy Secretary memorandumofficial program guidance · published 2026-03-24 · Evidence record

    Official-domain search-index excerpt available; direct PDF retrieval returned 403. Corroborates role/reporting line, not a current transaction delegation.

Research scope and sources checked

The first program-depth pass checked the cited program pages, notices and legal framework. Evidence is limited to the named routes and source-access notes; it does not establish every implementation of the statute.

What remains unverified

  • Locate issued operating guidance, vetting/conflicts procedures, meeting records or a public participation route.
  • Do not substitute an OSC page explicitly labeled TEST PAGE, SBICCT events or NSFF intake for Forum implementation evidence.

A dated source check is not continuing monitoring. Recheck the linked official notice before preparing a submission. Browse program research →

Requirements and limits

Eligibility & prerequisites

  • Participant vetting, conflicts procedures and required operating guidance
  • Include Industrial Base Policy, DLA Director and DoD General Counsel

Limits & exclusions

  • Forum coordination is not itself authority to buy equity or obligate another agency’s money
  • Expanded clearinghouse provisions sunset Dec.31,2035

Funding conditions

  • Administrative appropriations; each transaction must carry its own substantive authority and funds.

Read the funding and execution guide

Who contributes what

Need & planning

  • OSC investment and credit teams
    Office profile
  • Technology and acquisition requirement sponsors

Resources

Approval

Execution

Partners & review

  • Domestic and international financiers
  • Partner-nation government/private entities
  • ASD(Industrial Base Policy), DLA Director, DoD General Counsel
    Office profile

Office links are editorial matches to the original role text, not verified delegations. Composite labels and unmatched actors are preserved.

Coordination pathway

Requirement sponsor → named planning office → resource owner and counsel → statutory approving official → authorized executing/contracting office.

Actor and execution-role sources

What this research establishes

Legal basisSources linkedLegal sources and instrument limits are recorded.
RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action.
Public fundingScale documentedAdministrative appropriations; each transaction must carry its own substantive authority and funds. Office budget figures are separate institutional context, not an allocation to this instrument.
Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent.
EngagementProgram unverifiedThe Forum has statutory duties and a corroborated vice-chair role, but the public participation and transaction-review process remains unverified. Program check: 2026-10-04; see each route for intake status.

Confidence: High on statutory permission; execution roles are organizational routing, not verified individual delegations.

Currentness: 2024 official U.S. Code operative text read; relevant amendments in Pub. L. 119-60 (Dec. 18, 2025), 119-21 and 119-103 examined. Rolling OLRC source consulted where retrievable; transaction-specific later-law and delegation confirmation remains necessary.

Review scope: Original research target October 2, 2026; no record-specific last-review date supplied. Publication is not legal-currentness certification.