S 1463
A bill to establish a defense industrial base advanced capabilities pilot program.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill establishes a five-year pilot program designed to strengthen the U.S. defense industrial base by encouraging investment in domestic small businesses and nontraditional companies. The program will utilize public-private partnerships, offering loan guarantees to incentivize investment in advanced defense capabilities. It’s structured in two phases, beginning with a single partnership to assess feasibility and expanding to potentially include up to three partnerships over five years. The goal is to bolster the base, increase supply chain resilience, and accelerate the production of critical defense technologies.
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