On January 7, 2026, the Trump administration issued Executive Order 14372 entitled “Prioritizing the Warfighter in Defense Contracting.” The order marks a decisive shift in federal defense procurement policy: Production performance and readiness now take precedence over shareholder returns for major contractors. It introduces prohibitions on stock buybacks and dividends during periods of underperformance, accelerates
The U.S. government contracts market is the largest and most sophisticated public procurement system in the world, with annual spending exceeding hundreds of billions of dollars across defense, civilian agencies, infrastructure, IT, healthcare, and professional services. For foreign companies, the market offers substantial opportunity — but it also presents unique legal, regulatory, and practical challenges
As September 30 approaches, government contractors should keep in mind that the end of the federal government’s fiscal year brings unique opportunities — and unique risks. Agencies are under pressure to obligate remaining funds, finalize contract actions, and prepare for the new fiscal year. Contractors who understand these dynamics can position themselves for success while
On June 2, 2023, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council issued an interim rule to implement a new statutory requirement that, in short, bans the TikTok app from devices used in the performance of federal government contracts (TikTok Rule). The TikTok Rule introduces a new FAR clause, FAR 52.204-27