The Missile Defense Agency has agreed to increase the amount of research and development money it makes available for small businesses, Senate Small Business and Entrepreneurship Committee Ranking Member Kit Bond (R-MO) announced yesterday. MDA will reserve about $150 million in research and development funds for contracts with small businesses under the Small Business Innovation Research Program (SBIR), reversing a plan to cut SBIR funding in half, according to an April 10 statement from Bond's office. In an April 8...
