President Trump issued an Executive Order (“EO”) on January 7, 2025, that seeks improved performance of defense contracts and enhanced contractor investments in production capacity through measures ...
If there is one thing the Pentagon should have learned over the last seven decades of buying the equipment and expertise it needs to build, modernize and maintain military capability it is that one ...
For years, the Department of Defense 1 has said it wants to buy more like the commercial market. The FY2026 NDAA puts real weight behind that promise. The National Defense Authorization Act (NDAA) for ...
Northrop Grumman received a Navy basic ordering agreement worth up to $697 million to provide engineering and logistics ...
Section 1. Purpose. As Chief Executive and Commander in Chief, I am committed to ensuring that the United States military possesses the most lethal warfighting capabilities in the world. Our Nation ...
The Pentagon held off on naming “underperforming” defense contractors for now as it continues to review their performance to ensure the businesses are prioritizing the supply of weapons systems to U.S ...
Washington – Defense contractors are bracing for the Pentagon to release, as soon as Friday, a list of companies who would be subject to potential restrictions on stock buybacks and dividend payments, ...
President Donald Trump issued a stark threat to defense contracting companies Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of ...
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