Modification of acquisition authorities

(a) Other transaction authority (1) Limitations on amounts Clause (ii) of section 102A(n)(6)(C) of the National Security Act of 1947 (50 U.S.C. 3024(n)(6)(C)) is amended to read as follows: (ii) Subject to section 4022(a)(2) of such title, an individual to whom authority has been delegated under subparagraph (B) may enter into transactions and agreements (other than contracts, cooperative agreements, and grants) under this paragraph to carry out basic, applied, and advanced research projects and prototype projects in support of intelligence activities, if— (I) for any transaction or agreement of the National Security Agency or the National Reconnaissance Office— (aa) the amount of the transaction or agreement does not exceed $500,000,000; and (bb) for any transaction or agreement of an amount in excess of $100,000,000 but not in excess of $500,000,000, the Director of the National Security Agency or the Director of the National Reconnaissance Office, as the case may be, notifies the congressional intelligence committees at least 14 days prior to the execution of the agreement or transaction that such agreement or transaction is essential to meet critical national security objectives; and (II) for any transaction or agreement of an element of the intelligence community not specified in clause (I), the amount of the transaction or agreement does not exceed $100,000,000.. (2) Exercise of authority Section 102A(n)(6)(C) of the National Security Act of 1947 (50 U.S.C. 3024(n)(6)(C)) is amended by adding at the end the following: (viii) A head of an element of the intelligence community may enter into follow-on production contracts and transactions using any authority provided to such head by law (including regulation).. (b) Definition of major system Section 506A(e)(3) of the National Security Act of 1947 (50 U.S.C. 3097(e)(3)) is amended by adding at the end the following: The Director may determine that the term major system does not include a software program..