The bill introduced by Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Dec. 19th contains provisions that may favor defense start-ups and non-traditional defense contractors, such as Palantir Technologies [PLTR], Anduril, and SpaceX, over traditional defense original equipment manufacturers (OEMs), like Lockheed Martin [LMT], Boeing [BA], RTX [RTX], and Northrop Grumman [NOC]. For example, Section 303 of the Wicker-sponsored S. 5618, the proposed Fostering Reform and Government Efficiency in Defense Act (FORGED Act), has exemptions from the Defense…
