How small businesses will support US defence programmes
Small companies were awarded over 25% of all DoD prime contracts in 2022. (Photo: US Army)
To guarantee that the US will have a dynamic and robust defence industrial base, the Pentagon is betting on small businesses to progress with its main acquisition and development efforts.
The COVID-19 pandemic and the war in Ukraine have exposed serious vulnerabilities in the Pentagon's supply chain and has pushed the US toward betting on small companies to ensure the smooth progress of major acquisition and development programmes.
Small firms make up 73% of companies in the defence industrial base (DIB) according to the DoD. In 2022, small enterprises were awarded over 25% of all Pentagon prime contracts.
Speaking to Shephard, Gregory Sanders, deputy director and fellow with the Defense-Industrial Initiatives Group at the US-based think tank Center for Strategic and International Studies (CSIS), explained that ‘small businesses are
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 1 free story per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
![I/ITSEC 2023: Vrgineers launches new mixed-reality headset]()
I/ITSEC 2023: Vrgineers launches new mixed-reality headset
Mixed reality technology is gaining momentum in the simulation industry – especially in pilot training environment – and has been expected to surpass the usage of standard projection-based simulators.
-
![Honeywell deal aims to improve ‘mission readiness’ of Indonesia’s armed forces]()
Honeywell deal aims to improve ‘mission readiness’ of Indonesia’s armed forces
Honeywell to extend support to Indonesian defence industry following four decades of collaboration with the country’s military sectors.
-
![Canada weighs up options to replace equipment sent to Ukraine]()
Canada weighs up options to replace equipment sent to Ukraine
Canada has been considering its plans for replacing military equipment donated to Ukraine for its fight against invading Russia forces, including howitzers, tanks, missiles and small arms.
