Public Sector

The Navy and Missile Defense Agency awards for SM-6 and SM-3 IB follow framework deals that call for two to four times current munitions production. Suppliers that share inputs with defense programs could face allocation pressure.

FY2027 began Oct. 1 under a stopgap that holds spending at FY2026 rates, blocking first funding for Golden Dome additions, hypersonics, drones and Army production lines until Congress acts.

Proposed rules published Sept. 18 rewrite FAR parts that govern how agencies buy commercial products, run competitions and choose contract types. With 36 parts now proposed, contractors and federal buyers should review drafts during the 30-day comment window.