Letter: Any help for mid-size companies?
Regarding "New size standards due for small businesses
": What mystifies me is that the [Small Business Association] only considers small business and not businesses that have recently graduated from being small. These newly "not-small" business must compete head to head with businesses like Lockheed Martin, Northrop Grumman, General Dynamics and the like for federal IT business. We are a $58-million company. How are we supposed to be competitive with these behemoths? DOD just released the list of the Top 10 with dollars in the billions:
1. Lockheed Martin $19.4
2. Boeing 18.3
3. Northrop Grumman 13.5
4. General Dynamics 10.6
5. Raytheon 9.1
6. Halliburton 5.8
7. BAE Systems 5.6
8. United Technologies 5.0
9. L-3 4.7
10. CSC 2.8
We need to establish a mid-size company category. The size standard would be $25M to $500M. Once a company looses its small-business status, it is very difficult to compete in the "large-business" world. A company could very easily go back to being a small business after only a year or two as large. Why hasn't anyone come up with this idea before?Anonymous
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