Sec. 801. Multiyear procurement authority for covered weapon systems
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Subject to section 3501 of title 10, United States Code, the Secretary of the Defense shall enter into one or more multiyear contracts for the procurement of a covered weapon system if— a decision has been made to move such covered weapon system to full-rate production; and such covered weapon system is projected to maintain full-rate production for a period of five or more consecutive years after entering into such a contract. The Secretary of Defense may waive the requirements of subsection
(a)if the Secretary determines that the projected threat environment in which the covered weapon system is to be fielded has changed in a manner such that the procurement of such system is no longer necessary. This section and the requirements of this section shall apply with respect to a multiyear contract for the procurement of a covered weapon system entered into on or after the date of the enactment of this Act. In this section, the term covered weapon system means a major weapon system (as defined in section 3455 of title 10, United States Code)— for which the budget justification documents submitted by the Secretary in accordance with section 4205 of title 10, United States Code, state that the planned procurement schedule, conducted at the most effective production rate (as defined in such section), will require 36 months or more to obtain the total quantity of units to be procured until procurement is complete; and that is estimated by the Secretary of Defense to require an eventual total expenditure for procurement, including all planned increments or spirals, of more than $1,000,000,000 (based on fiscal year 2025 constant dollars).