Why it Matters
New Era Fund retained Ballard Partners LLC in July 2025 to focus on defense and aerospace issues. This marks the fund’s inaugural foray into Washington lobbying during intense congressional scrutiny of America’s defense industrial base.
By the Numbers
- Lobbying spend: $0 historically (new registrant)
- Previous firms: None
- Team composition: Brian David Ballard as sole registered lobbyist
- Firm experience: Ballard Partners represents major defense contractor Leonardo DRS Inc.
- Client portfolio: Includes Amazon.com Inc., U.S. Sugar Corp., and Florida Power & Light Co.
Broader Context
Congress is laser-focused on defense vulnerabilities exposed by global conflicts. Recent hearings revealed China controls 60% of critical minerals production and 90% of processing. The war in Ukraine highlighted America’s limited munitions production capacity. Lawmakers are pushing for permitting reform as domestic mining projects average 29 years to become productive.
The Agenda
New Era Fund’s registration lists broad “Defense (DEF)” and “Aerospace (AER)” issues without specific legislation. The timing aligns with the S.2296 – National Defense Authorization Act for Fiscal Year 2026 process. The House already passed an $832 billion defense appropriations bill.
Competitive Landscape
New Era Fund enters a crowded field dominated by established players. GE Aerospace, Boeing, and Honeywell International spend tens of thousands quarterly on defense lobbying. Emerging tech firms like Saronic Technologies and 3D Systems Corp. are also active.
Between The Lines
Congressional activity is intense across multiple fronts. House hearings on critical mineral supply chains and Senate Armed Services hearings on defense mobilization reveal bipartisan urgency. Rep. Eric Swalwell and Rep. Guy Reschenthaler introduced rare earth magnet legislation. Sen. Jeanne Shaheen has warned about tariff impacts on defense supply chains.
Bills like the H.R.4391 – Minerals Security Partnership Authorization Act and S.596 – Critical Materials Future Act of 2025 target supply chain vulnerabilities. Financial Services hearings on the Defense Production Act examine modernization needs.
The Bottom Line
New Era Fund’s entry reflects broader industry recognition that federal policy shapes defense sector opportunities. Their choice of an experienced firm with Leonardo DRS connections provides immediate credibility. The timing coincides with Congress actively reshaping defense priorities amid global competition.
All data used in this article came from Legis1. Request a demo to learn more!
Spot something wrong? Report an issue with this article