Defense cuts create small business opportunities

Top Navy official encourages small biz innovations

In an ironic twist, a top U.S. Navy official says that major defense cuts could mean new opportunities for small business and that they should continue to innovate.

The government will need to rely on small business in new ways because things will need to be accomplished more inexpensively, Defense Under Secretary Bob Work told Navy Opportunity Forum attendees on June 6, reports DefenseNews.

One of the most significant challenges ahead is a military engaged in the war on terror as cuts are made, which is why feds want “to capitalize on [small business'] ability for quick adaptation,” said Work, according to the article.

Reader Comments

Tue, Sep 20, 2011 Tim Bennett http://argonette.com/passion-driven-success/targeted-small-business-opportunities/

Military planing and running a business are often very similar in that in order to succeed in business one need targeted small business opportunities and in war, precision targeting is also needed. Small businesses are very open to integrating into government planing as they are flexible and can quickly adapt to changes. I love small business. Tim

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.