Sec. 238. Periodic reports on risk distribution within research, development, test, and evaluation activities
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In accordance with subsection (d), the Secretary of Defense, acting through the Under Secretary of Defense for Research and Engineering and in consultation with the Secretaries of the military departments, shall submit to the congressional defense committees periodic reports on the distribution of risk across the covered research activities of the Department of Defense. Each report under subsection
(a)shall include, with respect to the year covered by the report, the following: A list of all covered research activities of the Department of Defense with each such research activity designated as either— research activity that is lower risk, such as efforts aimed at the incremental improvement of an existing product; or research activity that is higher risk, such as efforts aimed at the development of new technology that could disrupt an entire field (commonly referred to as disruptive technology ). An assessment of whether the distribution of covered research activities among the risk categories described in subparagraphs
(A)and
(B)of paragraph
(1)is optimal for serving the needs of the Department of Defense. Such other information as the Secretary of Defense determines appropriate. In this section, the term covered research activity means a program, project, or other activity of the Department of Defense designated as budget activity 1 (basic research), budget activity 2 (applied research), or budget activity 3 (advanced technology development), as such budget activity classifications are set forth in volume 2B, chapter 5 of the Department of Defense Financial Management Regulation (DOD 7000.14–R). The reports required under subsection
(a)shall be submitted as follows: The first such report shall be submitted by not later than February 1, 2023. A report shall be submitted at the same time as each of the first three reports required under section 118c(e) of title 10, United States Code, after the date of the enactment of this Act. No report shall be required to be submitted under this section after the date of the submittal of the third report under paragraph (1)(B).