Bankruptcy

Noble Supply & Logistics and 10 affiliates are pursuing nearly $19 million in equipment claims and about $86 million tied to an aircraft-parts contract while in Chapter 11. A Delaware bankruptcy judge rejected DLA’s bid for superpriority or setoff based solely on pending False Claims Act litigation, as terminated orders and a Q4 2026 contract renewal raise continuity and sourcing questions.

The Pension Benefit Guaranty Corporation (PBGC) has assumed three pension plans from First Brands Group after the company filed for Chapter 11 bankruptcy. This move ensures that approximately 1,630 retirees will maintain their benefits, creating procurement opportunities for contractors in pension administration and related services.