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Pilot Program for Defense Technology Investment in Small Businesses

A new pilot program aims to accelerate the development and production of advanced defense technologies by investing in small and innovative U.S. businesses. Citizens may indirectly benefit from a stronger domestic defense industry and the creation of new jobs in the technology sector.
Key points
Support for small and innovative U.S. businesses developing advanced technologies for the military.
The program seeks to strengthen the domestic defense supply chain and reduce reliance on foreign sources.
Potential for new job creation and economic growth in the technology sector through private investment and loan guarantees.
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Expired
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Additional Information
Print number: 118_HR_3147
Sponsor: Rep. Houlahan, Chrissy [D-PA-6]
Process start date: 2023-05-09
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To establish a defense industrial base advanced capabilities pilot program.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3147.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-09.

What are the main provisions?

Key points include:

  • Support for small and innovative U.S. businesses developing advanced technologies for the military.
  • The program seeks to strengthen the domestic defense supply chain and reduce reliance on foreign sources.
  • Potential for new job creation and economic growth in the technology sector through private investment and loan guarantees.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Houlahan, Chrissy [D-PA-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Armed Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Security Economy Public Investments