Defense Contractor Transparency Sought in New Senate Bill

Senators introduce bipartisan legislation to improve transparency into foreign ownership of Department of Defense contractors, according to a release from Democrat Elizabeth Warren and Republican Chuck Grassley.

• Lawmakers seeking to include bill into the NDAA
• Measure would also close a gap in current law that allows contractors and subcontractors with under $5 million in contracts to escape ownership disclosure and foreign ownership, control, or influence mitigation
• Read bill text here

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