“NATIONAL DEFENSE MAGAZINE”
“The federal government overall awarded 24.9 percent of all prime contracts to small businesses in 2014, or about $91.7 billion.
And defense contracts accounted for more than half, at $54.3 billion, a figure that earned the Pentagon high praise from the Obama administration.
Just less than two years ago, the Pentagon warned in a report to Congress that “continued uncertainty will hit smaller, innovative, and niche product companies particularly hard due to a lack of capital resources.”
But Pentagon officials offered a much cheerier outlook last week as they unveiled the results of the fiscal year 2014 small business federal scorecard.
“This is the highest percentage of contracting dollars ever awarded to small businesses since the 23 percent goal was established in 1997,” said Small Business Administrator Maria Contreras-Sweet, who appeared at a Pentagon news conference June 26 with Undersecretary of Defense Frank Kendall.
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