Industry News

The Department of Defense has released a final rule that would allow the award of a follow-on production contract to a vendor working on a prototype project without using competitive...

White House and House Republican negotiators are inching closer to reaching an agreement that would prevent a government default by raising the debt ceiling for about two years and implementing...

The Pentagon and the defense industry have initiated efforts to increase production of high-end explosives and such initiatives include reestablishing domestic supply chains and refurbishing factories, The Wall Street Journal...

The Aerospace Industries Association's 35 small business members have called on Congress to act on two bills that would restore tax incentives for research and development work. The owners and...

The State Department has released a 10-point plan aimed at retooling its oversight of the foreign military sales process amid escalating strategic competition. The action plan, called “FMS 2023,” issued...

House Speaker Kevin McCarthy said Congress could vote on a measure to raise the debt limit as early as next week, the Financial Times reported Thursday. "We're not there, we...

Treasury Secretary Janet Yellen sent a letter to congressional leaders warning that her department could default on its obligations if Congress fails to increase or suspend the borrowing limit as...

Sens. Elizabeth Warren, D-Mass., Bernie Sanders, I-Vt., and Mike Lee, R-Utah, have expressed concerns about how the departments of Defense and State track and monitor weapons systems that originated in...

Senate Democrats are calling on President Joe Biden to invoke the 14th Amendment to increase the debt ceiling amid a standoff with Republicans in Congress, The Hill reported Sunday. “I...

The White House has issued an executive order revoking the COVID-19 vaccination requirements for federal employees and contractors, effective May 12.President Joe Biden said Tuesday policies issued in September 2021...