S4648119th CongressWALLET

A bill to improve transparency with respect to foreign influence on Department of Defense contractors.

Sponsored By: Senator Warren, Elizabeth [D-MA]

Introduced

Summary

Strengthening transparency of foreign ownership in the Department of Defense contractor base. This bill would require detailed beneficial-owner disclosures from companies bidding on DoD contracts and tighten who and what triggers enhanced review.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

New owner reporting for DoD contractors

This bill would require companies that bid for Department of Defense contracts to list their beneficial owners with each bid. The Defense Department would have to change the Defense Federal Acquisition Regulation Supplement within 2 years to collect the owner information called for in section 2876 of the 2018 NDAA. The bill would also expand who counts as a "beneficial owner" by cross-referencing the 2018 definition, and it would lower the contract-value trigger for mitigation and oversight from more than $5,000,000 to more than $500,000. If enacted, more contractors and smaller contracts would face extra reporting and oversight.

Sponsors & CoSponsors

Sponsor

Warren, Elizabeth [D-MA]

MA • D

Cosponsors

  • Sen. Grassley, Chuck [R-IA]

    IA • R

    Sponsored 6/1/2026

Roll Call Votes

No roll call votes available for this bill.

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