Navy Secretary Carlos Del Toro said he needs companies to deliver their weapons, warships, aircraft and more on time and on budget and without excuses.
A key U.S. lawmaker says he will oppose reauthorization of federal small business innovation grants favored by the Pentagon, raising doubts about how Congress will avert their expiration Sept. 30.
A Democratic-led subcommittee overseeing federal coronavirus aid is demanding that five companies return loans the panel says should have gone to smaller businesses.
As the U.S. government begins to implement a regulation banning use of Chinese telecommunications technology, two lawmakers want to small businesses are not negatively impacted.
Top IT officials from the Small Business Administration and the General Services Administration discussed how the pandemic has affected their agencies.
The central bank is “committed to transparency and accountability by providing the public and Congress detailed information about our actions to support the economy during this difficult time,” Federal Reserve Chair Jerome Powell said.
New research by Govini shows that OTA and SBIR contracts account for roughly 10 percent of the Pentagon's spending on research, development, test and evaluation.