Key industry group urges lawmakers to oppose amendment restricting defense contractor stock buybacks
By: Tony Bertuca
The Aerospace Industries Association is urging the House Armed Services Committee to reject a proposed amendment to the fiscal year 2027 defense authorization bill that would prohibit certain defense contractors from repurchasing their own stock while performing Pentagon contracts, arguing the measure would discourage investment and undermine efforts to expand defense production capacity. In a June 3 letter to House Armed Services Committee Chairman Mike Rogers (R-AL) and Ranking Member Adam Smith (D-WA), AIA President and CEO Eric Fanning...





