Defense Secretary Pete Hegseth and SBA Administrator Kelly Loeffler have announced the establishment of the Smaller War Plants Commission. This initiative aims to provide expertise and funding to smaller defense companies.
Hegseth emphasized the commitment to ending reliance on foreign supply chains. He highlighted the transformation of industrial capabilities into battlefield advantages that will deter conflict. The commission reflects the principles of the Smaller War Plants Corporation, which supported small businesses during World War II with loans and contracts.
Loeffler declared the end of producing defense capabilities offshore. She noted that small manufacturers represent 70 percent of the U.S. defense industrial base. The SBA manages a $500 billion small business portfolio, ensuring robust support for defense innovation. This aligns with the efforts of President Trump and Secretary Hegseth to maintain the strongest military backed by a flexible industrial base.
Hegseth also addressed economic measures against Iran, noting their impact on the regime and reinforcing a readiness for military action if required. In related news, the U.S. Attorney for the District of Columbia faces a bar complaint. USS Abraham Lincoln plans a port call in Thailand after an extended deployment.
Congress is currently in recess. Upcoming discussions include the impact of deployments supporting the Iran conflict. CIA Director John Ratcliffe made an unannounced trip to Moscow. Lastly, President Trump ordered American flags at half-staff following Dolly Parton’s passing.