Col. James “Hondo” Geurts, USAF Ret., US Navy assistant secretary for Research, Development and Acquisition, discusses his strategy for harnessing small business, how he gauges the military-industrial base’s health and more during an April 2018 interview with Defense & Aerospace Report Editor Vago Muradian. The interview was conducted at the Navy League’s 2018 Sea-Air-Space Symposium outside of Washington. Our coverage was sponsored by Fincantieri Marine Group, Huntington Ingalls Industries and Leonardo DRS.