Pentagon, SBA plan to boost aid to smaller defense companies
The Pentagon and the Small Business Administration on Tuesday announced plans to establish a modern equivalent of the World War II-era Smaller War Plants Corp. to boost domestic production of military components.
TL;DR
- The Pentagon and the Small Business Administration are collaborating on a new plan.
- The initiative aims to boost domestic production of military components.
- It is inspired by the World War II-era Smaller War Plants Corp.