DOD wants to include UK, Australia in new Defense Production Act investments

By Tony Bertuca / May 18, 2023 at 5:00 AM
The Pentagon is asking Congress to expand its authority under the Defense Production Act to include investments in military suppliers based in the United Kingdom and Australia, according to a new legislative proposal. Current law limits DPA Title III investments to “domestic sources” in the United States and Canada, which DOD says “unnecessarily constrains select DPA authorities and limits their abilities to ensure a robust industrial base through use of Title III.” “Adopting a definition specific to Title III that...

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