Defense contractors increasingly woo venture capital dollars

Space was the start. 

The rapid commercialization of the aerospace industry, traditionally dominated by government programs, in the past decade led to a realization that other government-heavy industries were ripe for private investment, Ben Patz, managing partner of Orlando-based venture capital firm DeepWork Capital LLC, told Orlando Inno.

That is why innovative defense contractors doing work in industries like robotics and software are seeing more interest and investment from venture capitalists,…