By: Margaret M. Cassidy & Jelena Tasic On April 30, 2026, President Trump issued an executive order Promoting Efficiency, Accountability, and Performance in Federal Contracting directing federal agencies to use “best business practices to protect taxpayer dollars, hold contractors accountable, and achieve demonstrable returns on investment.” How?  By using firm-fixed...

By: Margaret M. Cassidy & Andrew Swick Non-U.S. defense contractors even if partners, allies or friendly to the U.S. looking to sell directly to the Department of Defense (DoD) or to a prime or higher tier sub, often get lost in the foggy procurement laws and regulations that dictate when...

By: Margaret M. Cassidy & Jelena Tasic On April 30, 2026, President Trump issued an executive order Promoting Efficiency, Accountability, and Performance in Federal Contracting directing federal agencies to use “best business practices to protect taxpayer dollars, hold contractors accountable, and achieve demonstrable returns on investment.” How?  By using firm-fixed...

In a year that saw executive orders coming out rapid fire, a FAR revolution and a government shutdown, there is some good news. A Pentagon memo from earlier this year titled Directing Modern Software Acquisition to Maximize Lethality may simplify and expedite the process for companies to have the Department...

By: Margaret M. Cassidy & Andrew Swick We are going to unpack some parts of the FY26 NDAA most relevant to defense contractors and their advisors. This installment covers Industrial Base Investment and Opportunities, organized into five subcategories: Industrial Base Fund & capacity investments; Domestic sUAS and IndoPacific cooperation; Portfolio...

Recently I was in a meeting with ten other people and we were trying to resolve a risky business situation that had legal and financial implications for the company. Discussing risky business situations with this group of folks was nothing new. In fact, we were having the same conversation over...