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Business Targets Pentagon Stock Buyback Restrictions

Defense Contractors vs Washington: The Unseen Struggle for Capital Allocation The U. S.

Chamber of Commerce and 40 other business groups have pushed to strip Section 815 from the National Defense Authorization Act, a move that highlights the unwavering commitment of corporate America to its bottom line.

This provision would prohibit Pentagon contractors from engaging in stock buybacks and paying dividends without explicit approval from the Department of Defense. Proponents of the measure, led by Sen.

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