Sec. 7. Failure of the military departments to obtain audits with unqualified opinion of financial statements for fiscal years after fiscal year 2017
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If a military department fails to obtain an audit with an unqualified opinion on its financial statements for fiscal year 2018 by December 31, 2018, effective as of January 1, 2019, the authorities in section 4(b) shall cease to be available to the military department for fiscal year 2018 and any fiscal year thereafter. Effective for fiscal years after fiscal year 2017, if a military department fails to obtain an audit with an unqualified opinion on its financial statements for any fiscal year, effective as of the date of the issuance of the opinion on such audit, amounts available to the military department for the following fiscal year may not be obligated by the military department for a weapon or weapon system or platform being acquired as a major defense acquisition program for any activity beyond Milestone B approval unless such program has already achieved Milestone B approval of the date of the issuance of the opinion on such audit.
In this subsection: The term major defense acquisition program has the meaning given that term in section 2430 of title 10, United States Code. The term Milestone B approval has the meaning given that term in section 2366(e)(7) of title 10, United States Code.