Strategy for Navy investment in and support for the maritime industrial base

(a) In general Not later than 180 days after the date of the enactment of this Act, the Secretary of the Navy shall develop and implement a strategy for investing in and supporting the maritime industrial base to address cost and schedule challenges for surface and submarine shipbuilding programs. (b) Elements The strategy under subsection (a) shall— (1) focus on ensuring reliable supplies of sequence critical components for submarine and surface shipbuilding programs; and (2) include measures— (A) to identify key performance indicators to measure return on investment; (B) to centralize data collection to support further analysis of maritime industrial base performance; and (C) to apply artificial intelligence to monitor and predict potential supply chain challenges, including potential disruptions, material shortages, delivery delays, and other such factors. (c) Report Following completion of the strategy required under subsection (a), but not later than 210 days after the date of the enactment of this Act, the Secretary of the Navy shall submit to the congressional defense committees a report on the strategy. The report shall include— (1) a summary of the strategy; (2) timelines for implementation of the strategy; and (3) an explanation of how the strategy is expected to address cost and schedule challenges for surface and submarine shipbuilding programs.