In this special Eyes on Washington miniseries, Public Policy & Regulation Group members Misha Lehrer, Daniel Sennott and Simon Coon explore the potential effects of the upcoming November elections on defense policy, funding and national security. The three examine how a second Trump Administration or a Harris Administration could impact defense spending, strategy and priorities. They also discuss the role of Congress in advancing or challenging defense initiatives, including oversight, investigations and the passage of the National Defense Authorization Act (NDAA). Furthermore, they emphasize the bipartisan focus on innovation, modernization and competition, particularly with China, and advise industry leaders to stay vigilant for potential shifts and opportunities in the defense sector.