On this episode of the DefAero Report Daily Podcast, sponsored by Bell, private equity veteran Philip Bilden and former DIU chief Raj Shah discuss the new venture capital fund they founded, Shield Capital, on the $120 million fund’s first anniversary, the firm’s investments in more than 70 companies, technology areas of focus, how the teams picks the right investment candidates, the fund’s partnership with L3Harris, the concept of “clean capital” and how the VC community can be harnessed for more quickly field critically needed capabilities with Defense & Aerospace Report Editor Vago Muradian.