What Happened
New Rules Support Small Businesses In Aerospace And Defense
The US Small Business Administration announced it will prioritize applications from small businesses in defense-critical manufacturing industries for its 8(a) Business Development Program. The new guidance includes restoring financial and business document reviews of applicants and prioritizing industries such as missile and space vehicle manufacturing, aircraft parts, and navigation systems. Arizona’s aerospace and defense supply chain, which includes over 1,250 companies, is expected to benefit from this change. This development was first reported by AZ Free News.