The coronavirus pandemic has highlighted fragility within the defense industrial base and an overreliance on Chinese manufacturers that present a security risk, prompting U.S. policymakers to look at potential changes. Without COVID-19, the Pentagon wouldn't be as aware of problems in its supply chain or ...
Defense Undersecretary for Acquisition and Sustainment Ellen M. Lord said the department is on the hook for billions of dollars in COVID-19-related costs, saying the Pentagon submitted its request to cover the claims to the Office of Management and Budget. The Coronavirus Aid, Relief, and ...
Broadening the number of companies, including small businesses, that contribute to the defense industrial base is one of the pushes in the Senate Armed Services Committee's markup of the fiscal 2021 defense policy bill. The SASC language also puts more protections in place for intellectual ...
The Pentagon’s top acquisition official anticipates the military will see a three-month setback across its major defense acquisition programs as the coronavirus pandemic throws contractors and program officials off their usual rhythm. “We do anticipate about a three-month slowdown at slower rates in terms of ...
Air Force acquisition boss Will Roper is seeking more congressional help for the defense industrial base as companies find their new business rhythm in the coronavirus era. “We’re transitioning into the new steady state. The number of new discoveries is going down and that’s good,” ...
Massive spending to combat the coronavirus pandemic may suppress defense spending and therefore defense stock prices, which have tanked to the tune of more than 30 percent in the last month, according to defense and aerospace analyst Byron Callan of Capital Alpha. Congress may also ...
A health of the defense industrial base was given a grade of "C" by the National Defense Industrial Association in a report released Feb. 5. The NDIA says the report will be issued annually to gauge whether the industrial base is able to surge at ...