Understanding the 2022 NDAA Section 874 Program
The landscape of government contracting is ever-evolving, and in the quest for innovation and efficiency, the 2022 National Defense Authorization Act (NDAA) introduced a groundbreaking provision: Section 874. This provision establishes a five-year federal pilot program to bolster employee stock ownership plans (ESOPs) within Department of Defense (DoD) contractors. This initiative significantly departs from traditional […]
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