Congress Nears Compromise on Defense Spending Bill
The House and Senate are nearing a compromise deal on the fiscal 2026 National Defense Authorization Act, with the policy bill on track for a floor vote in the next few weeks. The NDAA focuses on defense acquisition reform, including private equity investments and program consolidation. Rep. Rob Wittman, a House Armed Services Committee member, said the bill is making progress and should be finalized by the end of the week. The final bill will be in its final form and on the floor at the beginning of the second week of December. The compromise deal may indicate a shift towards a more risk-tolerant defense acquisition culture, which could have implications for the industry’s approach to innovation and investment.