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On April 9, President Trump signed Executive Order (EO) “Modernizing Defense Acquisitions and Spurring Innovation in the Defense Industrial Base.” The order includes several directives for DoD leadership intended to reform the “antiquated defense acquisition system” and establish new processes that will speed and scale procurement to establish a military edge. The order was the first in a series of actions from the White House that will reshape the defense industrial base in the US.
Read the latest report from IDGA to gain insights into President Trump's executive orders and their impact on the defense industry.