Funding for Defense Manufacturing
SMI excels at securing funding for our clients in defense manufacturing. One specific program that we often leverage is the Defense Production Act (DPA) Title III program serves a critical role in strengthening the U.S. defense industrial base by stimulating private investment in domestic production capabilities of materials and technologies essential for the national defense. DPA Title III is unique in that it is the sole DOD program focused on creating, maintaining, protecting, expanding, and/or restoring domestic production capacity. Within the DOD, the program is managed out of the Office of the Secretary of Defense’s Manufacturing and Industrial Base Policy office.
The program’s authorities include government investments for purchase and installation of production equipment, engineering and facilities renovation expenses, and other relevant expenses necessary to create or expand production capacity. For a project to be eligible for DPA Title III funding, the industrial resource, material, or critical technology item must be essential to the national defense; have a Federal sponsor/champion; and without the use of DPA Title III authorities U.S. industry cannot reasonably be expected to provide the capability in a timely manner. The average funding for recent projects ranges from $10 M to $20 M.
SMI is the leading government relations/marketing firm helping companies secure Defense Production Act Title III funding, with SMI clients securing the majority of all Title III awards over the past 12 years. In addition, SMI has lead the effort to increase Congressional funding of the DPA Title III program over the same timeframe. Please contact SMI if you would like to learn more about the DPA Title III program or other Federal programs to support your manufacturing of materials and technology for defense systems.