Army Secretary Mark Esper has cleared a new policy that aims to provide the service with a strategy to advance innovation and modernization and sustain readiness through intellectual property management, the Army News Service reported Tuesday.
Esper approved the IP management policy Friday to facilitate acquisition and modernization reforms that seek to accelerate the delivery of new capabilities to warfighters amid emerging threats posed by adversaries.
Alexis Ross, deputy assistant secretary of the Army for strategy and acquisition reform, said the new IP policy focuses on long-term weapons systems sustainment and has four core tenets.
Those four principles are the need to create long-term IP requirements that address the lifecycle; collaboration with industry for custom IP rights; negotiation of prices for licensing rights; and communication with industry to meet the service branch’s needs.
Â