On December 23, 2024, President Biden signed into law the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2025. The annual bill authorizes spending for the Department of Defense (DOD) while setting other priorities and amending defense procurement law. This year, among many other things, Congress balanced goals of expediting acquisition and expanding the defense industrial base, on the one hand, against competing interests in circumventing private intellectual property rights and securing the supply chain, on the other. This post highlights provisions of particular interest to government contractors, their investors, and legal practitioners.
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