SBIR/STTR Research Award

Open Call for Innovative Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need

Award identifier 3ef52c345d55353db9183de222f94c26e305a93f1becc5159c5113def754e6b6Awarding agency Department of Defense · Air Force

Award amount

$49,810

Program and phase

SBIR · Phase I

Award year

2020

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Award details

Awarding agency
Department of Defense
Branch
Air Force
Recipient company
PROJECT EDGE, LLC, THE
Proposal award date
2019-12-12
Contract end date
2020-12-12
UEI
U341YPNBDTQ6
Solicitation number
DoD SBIR X19.2
Topic code
AF193-CSO1

Research abstract

The US Air Force’s strategic programs are under increased scrutiny because of underperformance to contracted terms. These challenges are not unique to the Air Force or to the larger Department of Defense. Globally 70% of defense programs fail to meet original contracted terms. Supply chains constitute a well-documented risk challenging programs in meeting contracted terms. Our proposed solution to the challenge of supply chain risk is a tool bringing together industry verified techniques for what Nobel Laureate Daniel Kahneman calls “The single most important piece of advice regarding how to increase accuracy in forecasting through improved methods”, (Reference Class Forecasting) in his bestseller “Thinking Fast and Slow”, with state of the art Artificial Intelligence capability. Both the Reference Class Forecasting and Artificial Intelligence elements of our proposed solution are currently being used in the non-defense commercial industry. Given the ubiquitous challenge of supply chain risk across the business world, we assess a strong proliferation potential for the proposed solution into the foreseeable future, with the US Air Force, larger Department of Defense, and other US government agencies potentially benefitting from investment and economies of scale.

Technology keywords

Not reported

Awards with the same topic code

Verified by an exact topic code match. This is not a text-similarity match.

Agency intelligence

Department of Defense

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