Tag Archives: defense production act

Jerry McGinn: Reshoring Critical US Industrial Capabilities Needs Little Help From Allies

Jerry McGinn GovCon Expert

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business and GovCon Expert for Executive Mosaic, wrote in a commentary published Tuesday on Defense News that the U.S. should reshore critical industrial capabilities by building domestic capacity and working with close partners and allies.

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DoD Invests $84M in Seven Companies to Strengthen Industrial Base Capabilities

Pentagon

The Department of Defense has signed $84.4M in agreements with seven companies under the Defense Production Act Title III to retain employees and strengthen domestic industrial base capabilities in small unmanned aerial systems, shipbuilding and space technology sectors during the COVID-19 pandemic.

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DoD Announces $187M in Agreements With Five Vendors to Sustain Domestic Industrial Base

The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic. DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business, W International, Weber Metals and American Woolen.

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DoD, VA to Get Emergency Funds Under $2T COVID-19 Response Package

dod-va-to-get-emergency-funds-under-2t-covid-19-response-package

The Senate on Wednesday unanimously passed a $2T emergency funding package to mitigate the economic impact of the coronavirus pandemic, Politico reported. The package would authorize $10.5B in emergency funds for the Department of Defense and another $19.6B for the Department of Veterans Affairs, according to a Military Times report

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Jerry McGinn: Defense Production Act Authorizes Gov’t to Prioritize Contracts

Jerry McGinn GovConExpert

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in an opinion piece posted Thursday on The Hill that the Defense Production Act invoked by President Donald Trump serves as an “important tool” as the country seeks to come up with short- and medium-term responses to the impact of the coronavirus pandemic on the defense industrial base.

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