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The House Armed Services Committee has a new task force focused on reviewing the defense supply chain. The number of prime vendors has fallen by 36%.

  • Travis Tritten, Senior Reporter at Bloomberg Government, said one factor contributing to this decline is mergers and acquisitions among large defense companies, which make it harder for smaller companies to break into the business.
  • The House Armed Services Committee has created a task force that will spend three months looking at the defense industrial base, and if they come up with anything to help the problem of smaller companies getting locked out, that has a good chance of getting added into the House’s version of the annual defense authorization bill, said Tritten.
  • Tritten said there is starting to be some pressure on the Biden administration to name nominees for top acquisition jobs inside the Defense Department.
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