"New NDAA Regulations Revolutionize Defense Contractor Oversight: Tens of Thousands Face Expanded Scrutiny Under Section 847"
Arlington, Virginia — A new chapter in defense procurement is unfolding as the U.S. Department of Defense (DoD) plans to implement stringent measures related to foreign ownership and influence across the defense supply chain, following significant legislative changes. Section 847 of the National Defense Authorization Act (NDAA) for Fiscal Year 2020 dramatically expands the scope of evaluations for companies seeking to work with the DoD. Previously limited to contractors needing access to classified information, these evaluations will now apply broadly to all contracts or subcontracts worth more than $5 million, regardless of the classification of … Read more