
Aerospace and Defense
The aerospace and defense industries are constantly evolving due to a wide range of global forces, including security threats, regulatory and political environments, the economy, and advancing technologies.
Our Aerospace and Defense industry lawyers are well equipped to advise clients on the myriad legal issues in this space, which include responding and adapting to these ever-changing global forces, federal business development, budget processes and acquisition, government program funding and policy, government contract law, and litigation.
Thought Leadership
Congress created a new framework around payment stablecoins but has done more than regulate a digital asset class—it has quietly set in motion a potential transformation of the regulation of core payment systems.
The US Commerce Department’s Bureau of Industry and Security has introduced a major revision of the Export Administration Regulations, 15 C.F.R. Part 730 et seq., through an Interim Final Rule extending EAR-based licensing controls on entities designated on the Entity List or Military End Users List or subject to EAR § 744.8 to affiliates in which they have a 50% or greater ownership interest directly or indirectly.
The One Big Beautiful Bill Act makes major changes to the Internal Revenue Code’s clean energy tax provisions, particularly to the provisions that were extended, expanded, and established as part of the 2022 Inflation Reduction Act.
On 29 September 2025, the US Securities and Exchange Commission issued notice of an exemptive application filed by Dimensional Fund Advisors LP, et al. Seeking relief to offer index-based or actively managed funds that have one or more mutual fund share classes and an exchange-traded fund share class.