shutterstock_125606384Israeli defense contractors are among some of the largest U.S. defense contractors in the world. In 2014, four out of the top 100 firms listed in Defense News’ annual ranking of largest global defense firms were Israeli companies. To remain competitive in securing U.S. government contracts, it is important for Israeli contractors to be aware of changes in U.S. laws that affect their current and future business with the U.S. government.

In December 2014, President Obama signed into law the National Defense Authorization Act for Fiscal Year 2015.  The FY 2015 National Defense Authorization Act (NDAA) includes significant procurement related reforms and changes that affect Israeli contractors doing business with the U.S. government, including the Department of Defense and other federal agencies.  “The Impact Of The FY 2015 National Defense Authorization Act On Federal Procurement,” which was co-authored by Greenberg Traurig attorneys Mike Schaengold, Aaron Ralph, and Melissa Prusock, and was published in two parts in the Feb. 25 and March 4, 2015 editions of The Government Contractor, identifies and discusses the FY 2015 NDAA’s more important procurement related reforms and changes.
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On February 12, President Obama signed an Executive Order aimed at strengthening the cybersecurity of the nation’s critical infrastructure. The Executive Order, titled “Improving Critical Infrastructure Cybersecurity” focuses on increasing protection from cyber attacks by: (i) requiring federal agencies to share information about cyber threats with U.S. companies; and (ii) directing the National Institutes of Standards and Technology (NIST) to develop standard practices and procedures to effectively minimize the risk of cyber attacks. As the owners and operators of critical infrastructure, government contractors and others, will be affected by the implementation of this Executive Order.
Continue Reading Executive Order on Cybersecurity Impacts Government Contractors and Other Critical