Tag Archives: defense production act

U.S. Companies Continue to Secure Defense Deals Amid Pandemic-Related Slowdown

Global Defense Industry

The COVID-19 pandemic has impacted the growth of the global defense industry as governments increase spending on efforts aimed at countering the public health and economic effects of the coronavirus. Economic and logistical challenges due to the pandemic have disrupted defense sales, manufacturing and development, resulting in production irregularities and increasing costs for many defense contractors.

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DoD’s Joint Acquisition Task Force to Become Defense Assisted Acquisition Cell; Hon. Ellen Lord Quoted

Hon. Ellen Lord

The Joint Acquisition Task Force established by the Department of Defense (DoD) to help coordinate the delivery of acquisition support to other agencies during the COVID-19 pandemic will be called the Defense Assisted Acquisition Cell and will operate under the Joint Rapid Acquisition Cell starting next year, Federal News Network reported Wednesday.

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Alan Shaffer on Pentagon’s Support to Defense Supply Chain During Pandemic

Alan Shaffer

Alan Shaffer, deputy undersecretary for acquisition and sustainment at the Department of Defense (DoD), said the Pentagon has made contract actions worth nearly $4.5 billion through the Defense Production Act Title III and other assistance programs to support the industrial base during the COVID-19 pandemic.

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DoD’s Proposed Measure Seeks to Allocate Over $2B to End U.S. Dependency on China for Rare Earth Supplies

Pentagon

The Department of Defense (DoD) has proposed a measure that seeks to advance direct investments to end the country’s dependence on China for rare earth elements used to produce munitions, hypersonic systems, missiles and other weapons systems, Defense News reported Monday.

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