On January 7, 2026, the Trump Administration issued an executive order titled, Prioritizing the Warfighter in Defense Contracting (the “Order”), which aims to use federal contracting power to influence corporate financial behavior. The Order contends that some defense contractors have, at least in the Administration’s eyes, prioritized stock buy-backs and dividends during periods of “underperformance,” instead of allocating more resources towards increased production capacity and contract performance. The Order contemplates remedies to increase production and discourage corporate distributions, at least while a contractor is not meeting the Order’s performance standards.