S. 1463
Referred to CommitteeA bill to establish a defense industrial base advanced capabilities pilot program.
Latest Action
Read twice and referred to the Committee on Armed Services.
5/4/2023 • Senate
Summary
This bill requires the Office of the Under Secretary of Defense for Acquisition and Sustainment within the Department of Defense to implement a five-year pilot program to create a robust and resilient defense industrial base. The program must be implemented through public-private partnerships to accelerate the scaling, production, and acquisition of advanced capabilities for national security by creating incentives (e.g., loan guarantees) for investment in domestic small business or nontraditional businesses.
Introduced in Senate • 5/4/2023
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Sponsor
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Bill Journey
Originated in the Senate
Introduced
May 4, 2023
Read twice and referred to the Committee on Armed Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law