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FY 2015 Defense Spending By State report now available for download.

The Department of the Navy’s Outreach to Indiana Businesses

In fiscal year 2016, the Department of the Navy, which includes the U.S. Navy and the U.S. Marine Corps, awarded about $156 million in contracts to small businesses in the state of Indiana. More than $9.2 million of those contracts went to small businesses located within a 50 mile radius of Indianapolis. Overall, the Navy awarded over $887 million in contracts to both large and small businesses in the state of Indiana during fiscal year 2016.

While the numbers are impressive, we are confident that Hoosier small businesses can play an even bigger role moving forward. The Department of the Navy needs to expand additive manufacturing, adapt force packaging, grant rapid prototyping, and allow experimentation which creates opportunity for small businesses.

The Department of the Navy's Office of Small Business Programs website contains information to help small businesses compete for those opportunities. It also provides links to 10 major buying activities, information on the long range acquisition forecast of those activities, our strategic framework, and other resources that will help you understand the Navy and Marine acquisition and contract process.

In addition, the Navy’s Small Business Innovation Research and Small Business Technology Transfer Program, also provides opportunities for small businesses to solve tough naval capability and performance challenges by providing us with innovative solutions, cost savings, and schedule efficiencies.

We’re committed to building a robust industrial base by creating a small business friendly culture through policy, training, and advocacy. To create this culture, our office has been raising small business awareness with our small business and acquisition professionals and advocating for small business inclusion.

Read the complete article here.

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The information above is for general awareness only and does not necessarily reflect the views of the Office of Economic Adjustment or the Department of Defense as a whole.