1. Short title This Act may be cited as the Contract Our Veterans Act of 2024 . 2. Department of Defense goals for participation by certain veteran-owned small businesses in procurement contracts Chapter 287 of part V of title 10, United States Code, is amended by adding at the end the following new section: 3906. Small business concerns owned and controlled by veterans: contracting goals and preferences (a) Contracting goals In order to increase contracting opportunities for small business concerns owned and controlled by veterans and small business concerns owned and controlled by service-disabled veterans, the Secretary shall— (1) establish a goal for each fiscal year for participation in Department contracts (including subcontracts) by small business concerns owned and controlled by veterans who are not service-disabled veterans that is not less than the governmentwide goal for that fiscal year for participation by small business concerns owned and controlled by service-disabled veterans under section 15(g)(1) of the Small Business Act ( 15 U.S.C. 644(g)(1) )