Michael Stone

On April 30, 2026, President Trump issued Executive Order “Promoting Efficiency, Accountability, and Performance in Federal Contracting.” The order makes fixed-price contracts with performance-based considerations the default...more Over the past year, we have been asked with increasing frequency by foreign companies looking to enter the U.S. market: “If we want to work with the U.S. defense industry, what do we actually need to do?” The question is...more A recently made public Department of War Secretary Memorandum (Memo) dated Jan. 16, 2026, orders a line-by-line review of all small business 8(a) sole-source and set-aside contracts with over $20 million in contract awards....more This month, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce relaxed export control restrictions on certain semiconductors and Unmanned Aerial Vehicles (UAVs). BIS issued a new rule revising its...more