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S. 4374IntroducedSenate · nowHousePresidentLawIn committee
Sec. 2 · S. 4374

Multiyear procurement authority for F–35 and F–15EX aircraft

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(a) Multiyear procurement authority Subject to section 3501 of title 10, United States Code, except as provided in this section, the Secretary of Defense may enter into one or more multiyear contracts for the procurement of F–35A, F–35B, F–35C, and F–15EX aircraft. (b) Findings requirements (1) In general A contract described in subsection (a) is deemed to meet the requirements of section 3501(a) of such title. (2) Request Section 3501(i)(2) of such title shall not apply for purposes of this Act. (3) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of Defense shall submit to Congress a report with respect to contracts described in subsection (a) containing preliminary findings of the agency head described in paragraphs (1) through (6) of section 3501(a) of such title, together with the basis for such findings. (c) Advance procurement (1) In general The Secretary of Defense may enter into one or more contracts for advance procurement of key components of F–35A, F–35B, F–35C, and F–15EX aircraft in economic order quantities. (2) Certification The Secretary of Defense shall include in any certification submitted under section 3501(i)(3) of such title a description of the specific components the Secretary intends to procure under the authority provided by paragraph (1). (d) Sense of Congress It is the sense of Congress that the implementation of section 3501(d) of such title is important to ensuring that all subcontractors, vendors, and suppliers promptly receive funds in order to supercharge the defense industrial base.

Sec. 2: Multiyear procurement authority for F–35 and F–15EX aircraft · Public Law Tracker