Service life extension programs

(a) In general Subchapter II of chapter 11 of title 14, United States Code, is amended by adding at the end the following: 1138. Service life extension programs (a) In general Requirements for a Level 1 or Level 2 acquisition project or program under sections 1131 through 1134 shall not apply to an acquisition by the Coast Guard that is a service life extension program. (b) Service life extension program defined In this section, the term service life extension program means a capital investment that is solely intended to extend the service life and address obsolescence of components or systems of a particular capability or asset.. (b) Clerical amendment The analysis for chapter 11 of such title is amended by inserting after the item relating to section 1137 the following: 1138. Service life extension programs.. (c) Major acquisitions Section 5103 of title 14, United States Code, is amended— (1) in subsection (a) by striking major acquisition programs and inserting Level 1 Acquisitions or Level 2 Acquisitions; (2) in subsection (b) by striking major acquisition program and inserting Level 1 Acquisition or Level 2 Acquisition; and (3) by amending subsection (f) to read as follows: (f) Definitions In this section: (1) Level 1 acquisition The term Level 1 Acquisition has the meaning given such term in section 1171. (2) Level 2 acquisition The term Level 2 Acquisition has the meaning given such term in section 1171.. (d) Major acquisition program risk assessment Section 5107 of title 14, United States Code, is amended by striking section 5103(f) and inserting section 1171.