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Code · BILL · 118th Congress · H.R. 2670 (Engrossed in House) — To authorize appropriations for fiscal year 2024 for military activities of the Department of Defense and for militar... · Sec. 265

Sec. 265. Annual report on incremental and transformational research and development

290 words·~1 min read·/bill/118/hr/2670/eh/section-265·

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Not later than 10 days after the date on which the budget of the President is submitted to Congress pursuant to section 1105 of title 31, United States Code, for each of fiscal years 2025 through 2029, the Under Secretary of Defense for Research and Engineering shall submit to the congressional defense committees a report that identifies— the number of incremental research and development projects that are in progress within the Department of Defense as of the date of the report and the total amount of funding allocated to such projects; and the number of transformational research and development projects that are in progress within the Department of Defense as of the date of the report and the total amount of funding allocated to such projects.
In this section: The term incremental research and development project means a covered research activity that is in the research and development phase as of the date of the submittal of the report under subsection
(a)and that is expected to achieve initial operational capability by not later than five years after such date. The term transformational research and development project means a covered research activity that is in the research and development phase as of the date of the submittal of the report under subsection
(a)and that is expected to achieve initial operational capability by not earlier than five years after such date. 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).
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