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Industry groups continue fight against stock buyback restrictions
Why it’s here: Covers a Senate NDAA provision (section 815) restricting DoD contractors' stock buybacks to strengthen the defense industrial base, a live defense acquisition policy fight within the Defense Tech area.
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5d agoFederal News NetworkIndustry groups continue fight against stock buyback restrictionsOver three dozen industry groups have urged defense committee leaders to drop the Senate's Section 815 stock buyback restriction from the fiscal 2027 NDAA, arguing it would deter defense bidders and shift capital decisions to Washington.1 outletDefense12 linked
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About
- Northrop Grumman
- Department of Defense
- Pentagon
- House Armed Services Committee
- Elizabeth Warren
- Senate Armed Services Committee
- Mike Lee
- Lockheed Martin
- RTX
- fiscal 2027 National Defense Authorization Act