Small defense contractors can now use their parent company's track record to win bids

The US Department of Defense changed its rules for how it evaluates small businesses bidding on contracts. Small businesses can now use the past performance of their larger parent companies to qualify for defense work.

This change makes it easier for small businesses owned by larger corporations to win defense contracts. Before, these small businesses had to prove their own track record, which was hard if they were new or specialized. Now, they can leverage their parent company's experience, potentially opening up more opportunities for them in the defense sector.