Sec. 218. Limitation on availability of funds for development of the Shallow Water Combat Submersible
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Of the amounts authorized to be appropriated in this Act or otherwise made available for fiscal year 2016 for Special Operations Command for development of the Shallow Water Combat Submersible, not more than 25 percent may be obligated or expended until the date that is 15 days after the later of the date on which— the Under Secretary of Defense for Acquisition, Technology, and Logistics designates a civilian official responsible for oversight and assistance to Special Operations Command for all undersea mobility programs; and the Under Secretary, in coordination with the Assistant Secretary of Defense for Special Operations and Low-Intensity Conflict, submits to the congressional defense committees the report described in subsection (b).
The report described in this subsection is a report on the Shallow Water Combat Submersible that includes the following: An analysis of the reasons for cost and schedule overruns associated with the Shallow Water Combat Submersible program. A revised timeline for initial and full operational capability of the Shallow Water Combat Submersible. The projected cost to meet the total unit acquisition objective. A plan to prevent, identify, and mitigate any additional cost and schedule overruns.
A description of such opportunities as may be to recover cost or schedule. A description of such lessons as the Under Secretary may have learned from the Shallow Water Combat Submersible program that could be applied to future undersea mobility acquisition programs. Such other matters as the Under Secretary considers appropriate.