Bill > HR5137

This bill, known as the "Defense Contractor Competition Act," requires the Comptroller General (the head of the Government Accountability Office, a key government oversight agency) to conduct a comprehensive assessment of mergers and acquisitions among defense contractors over the past ten years. The assessment will examine several critical aspects of these business transactions, including the effectiveness of existing remedies in maintaining competition within the defense industry, the quality of information sharing between key government agencies like the Attorney General, Federal Trade Commission, and Department of Defense during merger reviews, an analysis of how the Department of Defense evaluates the competitive impact of vertical integration (when a company expands its business operations into different stages of production), and an evaluation of how previous recommendations from government agencies and advisory boards to improve competition among defense contractors have been implemented. The report will be submitted to congressional defense committees and aims to provide insight into potential challenges and strategies for maintaining a robust and competitive defense industrial base.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/5137/all-info