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Congress

Pause in Defense Company PAC Contributions Raises Larger Questions

Frank Wolfe

Friday, January 15th, 2021

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Pause in Defense Company PAC Contributions Raises Larger Questions

Defense companies' pause in all political donations by their Political Action Committees (PACs) in the wake of the Jan. 6 attack on the U.S. Capitol is unlikely to disfavor disproportionately the 147 GOP congressional members who voted not to certify the Electoral College results for President-elect Joe Biden and Vice President-elect Kamala Harris. So far, Lockheed Martin [LMT], Boeing [BA], Northrop Grumman [NOC], Raytheon [RTN], BAE Systems, and Leidos [LDOS] have been the six major defense companies to suspend such political donations (Defense Daily,…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]