You Searched For "defense production act" and got 18 results
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1 min read
Biden invokes the Defense Production Act to ramp up production of baby formula as parents face a national shortage
The White House also announced Operation Fly Formula, which will use military aircraft to pick up b…
Kelsey Vlamis
1 min read
EV metal suppliers jump as Biden is expected to invoke the Defense Production Act to ramp up US production
Shares of key metal producers like Lithium Americas, Piedmont Lithium, MP Materials, Standard Lithi…
Phil Rosen
2 mins read
Biden will invoke the Defense Production Act to boost America's vaccine supply, top advisor says
The DPA is a Korean War-era law that gives the president broad authority to compel US industries to…
John Haltiwanger
2 mins read
FEMA chief contradicts Trump, saying the Defense Production Act still hasn't been used to get critical supplies for coronavirus fight
The letter said that "America's hospitals, health systems, physicians and nurses urge you to immedi…
Ryan Pickrell
3 mins read
After delaying, Trump finally uses the Defense Production Act to require General Motors to help with coronavirus response
Trump's decision to activate the Defense Production Act came less than a day after the president do…
John Haltiwanger
4 mins read
What you need to know about the Defense Production Act and why it matters to the coronavirus pandemic
"Through the DPA, the President can, among other activities, prioritize government contracts for go…
John Haltiwanger
2 mins read
Trump invokes emergency powers as US coronavirus toll spirals
Describing himself as a "wartime President", Donald Trump has announced that he is invoking emergen…
2 mins read
FEMA chief says Defense Production Act being used for first time in coronavirus fight to get 60,000 test kits
New York Gov. Andrew Cuomo tweeted Monday that "we need the federal government to use the Defense P…
Ryan Pickrell
2 mins read
The White House has invoked the Defense Production Act to produce over 39 million N95 masks over the next 90 days
"Through the DPA, the President can, among other activities, prioritize government contracts for go…
Connor Perrett,Connor Perrett
2 mins read
Kodak surges 1,900% in 2 days after securing a $765 million government loan to make drug ingredients
President Trump described the agreement with the camera company as "one of the most important deals…
Theron Mohamed
2 mins read
Kodak stock surges 88% after federal watchdog finds no problems with halted $765 million government loan
The camera company's stock soared as much as 2,190% in two days after news of the funding broke in …
Theron Mohamed
2 mins read
Sen. Bernie Sanders wants to provide free face masks to all Americans
The Masks for All Act allocates $5 billion for domestic manufacturing, procurement, and mask distri…
Lauren Frias
2 mins read
The Pentagon reportedly used $1 billion in taxpayer money to fund the manufacture of jet engines and body armor instead of medical equipment
The $1 billion was given to the Pentagon as part of the CARES act and intended to help it prepare f…
Evan Sully
1 min read
Trump plans on forcing meat plants to stay open with new executive order under the Defense Production Act, despite severe coronavirus outbreaks
The meatpacking industry has been hit with several severe COVID outbreaks across the country, but T…
Jake Lahut
2 mins read
Kodak's CEO stands to make $135 million after the camera company's stock surged 1,200% in 2 days
Jim Continenza's shares have skyrocketed in value after Kodak secured a $765 million government loa…
Theron Mohamed
2 mins read
The Trump administration considers using 1950s-era law to ramp up production of masks and protective gear as coronavirus spreads
The White House referred questions on the proposal to the office of Vice President Mike Pence, who …
Gina Heeb
4 mins read
Despite months of warning, the US could soon run out of gloves, goggles, and body bags as coronavirus cases keep surging
Documents obtained by NBC News show the national stockpile is low on equipment, as medical workers …
Sinéad Baker
4 mins read
A former Department of Defense official says one particular piece of legislation could help America rebuild its supply chains and rely less on China, calling this a national imperative - here's how it would work
Top of that list is the $1 billion that was appropriated for the Defense Production Act fund. While…