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    Diversifying the Defense Industrial Base: How Can DoD Attract Small Businesses to Defense Contracting [CC]

    Diversifying the Defense Industrial Base: How Can DoD Attract Small Businesses to Defense Contracting [CC]
    CLE 90 min

    Diversifying the Defense Industrial Base: How Can DoD Attract Small Businesses to Defense Contracting [CC]

    Small businesses make up 99.9 percent of all U.S. businesses, as well as 73 percent of companies in the defense industrial base. As a result, the DoD maintains a Small Business Strategy that promotes a strong, dynamic, and robust small business industrial base. This panel discusses how the DoD can ensure its small business activities align with national security priorities, and how the DoD can step up engagement with industry, including providing additional tools and resources.

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    Closed Captioned.
     
    In 2023, small businesses were awarded over 25 percent of all U.S. Department of Defense (DoD) prime contracts. Small businesses make up 99.9 percent of all U.S. businesses, as well as 73 percent of companies in the defense industrial base. As a result, the DoD maintains a Small Business Strategy that promotes a strong, dynamic, and robust small business industrial base. Not only do small businesses create jobs and generate innovation, they are essential, daily contributors to national security and the defense mission. Therefore, the DoD has focused its efforts on reducing barriers to entry, increasing set-aside competitions, and leveraging programs to grow the industrial base. This panel dis-cusses how the DoD can ensure its small business activities align with national security priorities, and how the DoD can step up engagement with industry, including providing additional tools and resources.
    Learning Objectives:
    At the conclusion of this session, attendees will be able to:
    1. Explain the U.S. Department of Defense Small Business Strategy and the benefits of maintaining a robust small business industrial base;
    2. Illustrate how the U.S. Department of Defense can reduce barriers to entry, increase set-aside competitions, and leverage programs to grow the industrial base.
    3. Identify tools and resources available for small businesses to aid in joining the defense industrial base.
    MODERATOR: Ambika Biggs, Partner, Hirschler Fleischer, Tysons, VA
    PANELISTS:
    David Busigo, IPA, U.S. Defense Department, Office of Small Business Programs, Arlington, VA
    Christopher Clarke, U.S. Small Business Administration, Washington, DC
    Stephen Ramaley, Principal, Miles & Stockbridge, Washington, DC
    This program was originally recorded on March 7, 2024 at the Federal Procurement Institute in Annapolis, MD.

    Product Details

    Product Code

    PC2403DIBOLC

    Duration

    87

    Publication Date

    3/7/2024 12:00:00 AM

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