Small businesses make up 99.9 percent of all businesses in the U.S. and more than half of all American employees work for a small business. They’re a critical contributor to our national security: last year alone the Department of Defense spent $83 billion on small business prime contracts and nearly 25 percent of DoD’s prime contracts go to small businesses. Sounds like a great success story, however despite their immense value, the number of small businesses in the U.S. Defense Industrial Base has declined by 40 percent in the last decade. That’s both an economic and national security risk for our nation as we seek to strengthen our domestic supply chains, increase competition, and
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