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Code · STATUTE-COMPILATIONS · John S. McCain National Defense Authorization Act for Fiscal Year 2019 · Sec. 124

Sec. 124. MULTIYEAR PROCUREMENT AUTHORITY FOR STANDARD MISSILE-6

204 words·~1 min read·/statute-compilations/comps-15483/sec-124

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## SEC. 124 MULTIYEAR PROCUREMENT AUTHORITY FOR STANDARD MISSILE-6 ###
(a)Authority for Multiyear Procurement 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 missiles at a rate of not more than 125 missiles per year during the covered period. ###
(b)Authority for Advance Procurement and Economic Order Quantity 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). ###
(c)Condition for Out-year Contract Payments 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 or funds for that purpose for such later fiscal year. ###
(d)Covered Period Defined In this section, the term “covered period” means the 5-year period beginning with the fiscal year 2019 program year and ending with the fiscal year 2023 program year.
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