Defense Production Act

Ucore's ALASKA2023 Plan Bolstered by President Biden's 100-Day Review of the Critical Mineral Supply Chain

Retrieved on: 
Wednesday, June 9, 2021

On Tuesday, June 8th, 2021, United States President Joe Biden released a review of US supply chain vulnerabilities pursuant to Executive Order 14017 .

Key Points: 
  • On Tuesday, June 8th, 2021, United States President Joe Biden released a review of US supply chain vulnerabilities pursuant to Executive Order 14017 .
  • This includes:
    Additional funding for the Defense Production Act ("DPA") Title III program to scale emerging technologies for critical materials and enable offtake agreements; and
    Recapitalizing the National Defense Stockpile to better buffer against supply chain threats.
  • said, "We are very pleased with the White House's concern for REEs and its efforts to spur the domestic production of critical materials.
  • Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

AHF Calls for Defense Production Act to Boost Virus Surveillance

Retrieved on: 
Tuesday, February 2, 2021

The Defense Production Act grants the president powers to expedite and expand the supply of materials and services from the U.S. industrial base needed to promote national defense.

Key Points: 
  • The Defense Production Act grants the president powers to expedite and expand the supply of materials and services from the U.S. industrial base needed to promote national defense.
  • Identifying mutations now is probably as important as the production of ventilators was during the initial months of the pandemic.
  • That same effort should continue in the development of large-scale genomic sequencing infrastructures across biotechnology firms, healthcare institutions and university laboratories.
  • To learn more about AHF, please visit our website: www.aidshealth.org , find us on Facebook: www.facebook.com/aidshealth and follow us on Twitter: @aidshealthcare and Instagram: @aidshealthcare
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210201005974/en/

Hoffa: Defense Production Act Critical To Delivering COVID-19 Vaccine To Every American

Retrieved on: 
Friday, January 22, 2021

WASHINGTON, Jan. 21, 2021 /PRNewswire/ -- The following is a statement from Teamsters General President Jim Hoffa on President Biden's decision to invoke the Defense Production Act (DPA) to address vaccine and PPE shortages.

Key Points: 
  • WASHINGTON, Jan. 21, 2021 /PRNewswire/ -- The following is a statement from Teamsters General President Jim Hoffa on President Biden's decision to invoke the Defense Production Act (DPA) to address vaccine and PPE shortages.
  • "The Teamsters applaud President Biden's decision to invoke the Defense Production Act to help accelerate the production of personal protective equipment and the COVID-19 vaccine.
  • "As shortages arise across the country, bold and decisive action must be taken to ensure every American receives the vaccine as soon as possible.
  • We must also prioritize PPE production so that our essential workers receive the critical gear they need on the job.

MP Materials Awarded Technology Investment Agreement with the Department of Defense

Retrieved on: 
Wednesday, November 18, 2020

MP Materials Corp. (the Company) (MP Materials) (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, has been awarded a Defense Production Act Title III technology investment agreement (the TIA) to establish domestic processing for separated light rare earth elements.

Key Points: 
  • MP Materials Corp. (the Company) (MP Materials) (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, has been awarded a Defense Production Act Title III technology investment agreement (the TIA) to establish domestic processing for separated light rare earth elements.
  • Under the TIA, the Department of Defense (the DoD) will contribute $9.6 million towards MP Materials Stage II optimization efforts.
  • MP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • MP Materials anticipates that subsequent events and developments will cause MP Materials assessments to change.

Philips EV300 ventilator supply contract with U.S. Department of Health and Human Services to end after delivery of 12,300 bundled ventilator configurations

Retrieved on: 
Monday, August 31, 2020

Philips will complete the deliveries for this month, resulting in a total of 12,300 bundled ventilator configurations supplied to the Strategic National Stockpile by the end of August 2020,in line with the contract.

Key Points: 
  • Philips will complete the deliveries for this month, resulting in a total of 12,300 bundled ventilator configurations supplied to the Strategic National Stockpile by the end of August 2020,in line with the contract.
  • As directed by HHS, Philips will not supply the remaining 30,700 Philips EV300 ventilators to the Strategic National Stockpile.
  • To date, we have delivered on our commitments to HHS, said Frans van Houten, CEO of Royal Philips.
  • [1] HHS Announces Ventilator Contract with Philips under Defense Production Act; HHS Announces Ventilator Contract with GM under Defense Production Act; HHS Announces New Ventilator Contracts , Orders Now Totaling Over 130,000 Ventilators; HHS Announces Ventilator Contract with GE Under Defense Production Act.

Spirit AeroSystems Receives $80M Defense Production Act Title III Funding

Retrieved on: 
Thursday, June 11, 2020

"We appreciate the confidence our customers have in Spirit's capabilities to serve a variety of critical defense needs," said Duane Hawkins, Senior Vice President; President, Defense and Fabrication, Spirit AeroSystems.

Key Points: 
  • "We appreciate the confidence our customers have in Spirit's capabilities to serve a variety of critical defense needs," said Duane Hawkins, Senior Vice President; President, Defense and Fabrication, Spirit AeroSystems.
  • "This funding for Spirit provides the Department of Defense additional production capacity for defense needs and helps maintain critical skills in the Defense Industrial Base."
  • With long-standing machining capabilities, Spirit crafts more than 3 million detailed parts annually for original equipment manufacturers at peak production.
  • Defense Production Act Title III contracts support the Defense Industrial Base and use funds authorized and appropriated under the CARES Act.