Sec. 125. Multiyear procurement authority for Standard Missile-6
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Subject to section 2306b of title 10, United States Code, the Secretary of the Navy may enter into one or more multiyear contracts, beginning with the fiscal year 2019 program year, for the procurement of up to 625 Standard Missile-6 guided missiles. The Secretary may enter into one or more contracts for advance procurement associated with the missiles (including economic order quantity) for which authorization to enter into a multiyear procurement contract is provided under subsection (a). The Secretary may not exercise the authority provided under subsection
(a)or
(b)until the Secretary of Defense submits to the congressional defense committees the report and confirmation required under subparagraphs
(A)and (B), respectively, of section 2306b(i)(2) of title 10, United States Code. A contract entered into under subsection
(a)shall provide that any obligation of the United States to make a payment under the contract for a fiscal year after fiscal year 2019 is subject to the availability of appropriations for that purpose for such later fiscal year.