Fact Sheet: President Donald J. Trump Prioritizes the Warfighter in Defense Contracting

PUTTING OUR WARFIGHTERS FIRST: Today, President Donald J. Trump signed an Executive Order to stop defense contractors from putting stock buybacks and excessive corporate distributions ahead of production capacity, innovation, and on-time delivery for America’s military.The Order directs the Secretary of War to identify defense contractors that underperform, fail to invest their own capital in production capacity, insufficiently prioritize U.S. government contracts, or maintain inadequate production speed while spending money that could be spent on those critical needs on stock buybacks or corporate distributions.Identified contractors have the opportunity to submit a remediation plan or otherwise engage with the Secretary of...