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To embed, copy and paste the code into your website or blog: The Biden administration has vowed to invoke the Defense Production Act (DPA) to increase domestic production of essential supplies needed to respond to the COVID-19 pandemic. In this Insight, we address key features of the DPA, guidance for companies that may receive a rated order, financing incentives offered by the DPA, and how we anticipate the Biden administration will use the DPA over the next year. THE DEFENSE PRODUCTION ACT OF 1950 The statute provides the president with “an array of authorities to shape national defense ...

To embed, copy and paste the code into your website or blog: The Biden administration has vowed to invoke the Defense Production Act (DPA) to increase domestic production of essential supplies needed to respond to the coronavirus (COVID-19) pandemic. In this Insight, we address key features of the DPA, guidance for companies who may receive a rated order, financing incentives offered by the DPA, and how we anticipate the Biden administration will use the DPA over the next year. The Defense Production Act of 1950 The statute provides the president with “an array of authorities to shape nati...

The Korean-War era Defense Production Act ("DPA") 1 has already loomed large in the federal response to the COVID-19 pandemic. Recent press reports suggest that it may be invoked even more broadly in the coming weeks and months as the effort to vaccinate the country accelerates.  At this time, though the details are yet to come, nearly all companies in the COVID-19 vaccine supply chain could be affected.  This includes the vaccine manufacturers, producers of the vials, syringes, freezer units, and dry ice required for vaccine storage, as well as hospitals, nursing homes, medical profession...