What Happened
New Initiative Supports Smaller Companies in US Defense Industrial Base
Defense Secretary Pete Hegseth and Small Business Administration Administrator Kelly Loeffler announced the establishment of a Smaller War Plants Commission to surge expertise and funds to smaller defense companies. The commission aims to support small manufacturers, which comprise 70 percent of the US defense industrial base, and is billed as an equivalent to the Smaller War Plants Corporation formed during World War II. The initiative is part of a broader effort to reinforce the industrial depth behind the US military and reduce dependence on foreign supply chains, as reported by The Hill.