Adjustments to certain acquisition thresholds

(a) Major system Section 3041 of title 10, United States Code, is amended— (1) in subsection (c)(1)— (A) in subparagraph (A), by striking $115,000,000 (based on fiscal year 1990 constant dollars) and inserting $275,000,000 (based on fiscal year 2024 constant dollars); and (B) in subparagraph (B), by striking $540,000,000 (based on fiscal year 1990 constant dollars) and inserting $1,300,000,000 (based on fiscal year 2024 constant dollars); and (2) in subsection (d)(1), by striking $750,000 (based on fiscal year 1980 constant dollars) and inserting $2,000,000 (based on fiscal year 2024 constant dollars). (b) Use of procedures other than competitive procedures Section 3204(e)(1) of title 10, United States Code, is amended— (1) by striking $10,000,000 each place it appears and inserting $100,000,000; (2) by striking $75,000,000 each place it appears and inserting $500,000,000; and (3) in subparagraph (B)(i), by striking $500,000 and inserting $10,000,000. (c) Modifications to submissions of cost or pricing data Section 3702(a) of title 10, United States Code, is amended— (1) in paragraph (1)— (A) by striking June 30, 2018 each place it appears and inserting June 30, 2026; (B) in subparagraph (A), by striking $2,000,000 and inserting $10,000,000; and (C) in subparagraph (B), by striking $750,000 and inserting $2,000,000; (2) in paragraph (2), by striking $2,000,000 and inserting $10,000,000; and (3) in subparagraph (3)(A), by striking chapter and the price of the subcontract is expected to exceed $2,000,000 and inserting the following: chapter and— (i) in the case of a prime contract entered into after June 30, 2026, the price of the subcontract is expected to exceed $10,000,000; or (ii) in the case of a prime contract entered into on or before June 30, 2026, the price of the subcontract is expected to exceed $2,000,000.. (d) Major defense acquisition programs; definitions; exceptions Section 4201(a)(2) of title 10, United States Code, is amended— (1) in subparagraph (A), by striking $300,000,000 (based on fiscal year 1990 constant dollars) and inserting $1,000,000,000 (based on fiscal year 2024 constant dollars); and (2) in subparagraph (B), by striking $1,800,000,000 (based on fiscal year 1990 constant dollars) and inserting $4,500,000,000 (based on fiscal year 2024 constant dollars).