Prioritizing the Warfighter in Defense Contracting
The order directs federal agencies to prioritize the performance of defense contractors, ensuring they meet the needs of the military in a timely and quality-controlled manner. It restricts defense contractors from issuing dividends or conducting stock buy-backs until they can deliver superior products on time and on budget. The order tasks the Secretary of War with identifying underperforming contractors and working with them to improve their performance, with potential enforcement actions under the Defense Production Act and Federal Acquisition Regulations if necessary.