Now that the smoke has cleared from the debt ceiling negotiations, what defense spending may look like heading into the next year has come into a clearer view. The $886 billion agreed to by House GOP leaders and the Biden administration represents a 3.3% increase over last year but has already drawn criticism from Republicans and Democrats alike. Now with the National Defense Authorization Act (NDAA) on the horizon, we bring together our defense team to discuss how we got here and what to expect over the next few months in the defense space.
THIS DOCUMENT IS INTENDED TO PROVIDE YOU WITH GENERAL INFORMATION REGARDING DEFENENSE SPENDING RELATING THE THE DEBT CEILING DEAL AND NDAA NEGOTIATIONS. THE CONTENTS OF THIS DOCUMENT ARE NOT INTENDED TO PROVIDE SPECIFIC LEGAL ADVICE. IF YOU HAVE ANY QUESTIONS ABOUT THE CONTENTS OF THIS DOCUMENT OR IF YOU NEED LEGAL ADVICE AS TO AN ISSUE, PLEASE CONTACT THE ATTORNEYS LISTED OR YOUR REGULAR BROWNSTEIN HYATT FARBER SCHRECK, LLP ATTORNEY. THIS COMMUNICATION MAY BE CONSIDERED ADVERTISING IN SOME JURISDICTIONS.