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Faster Use of Defense Funds for Urgent Military Equipment Modernization.

This law grants the Department of Defense authority to use Defense Modernization Account funds more quickly. These funds can now be used for the immediate procurement of commercial technologies and services, as well as for infrastructure supporting new military capabilities. The goal is to enhance national defense readiness by accelerating access to modern equipment.
Key points
Increases flexibility in spending defense funds for urgent operational needs.
Allows rapid procurement and integration of available commercial technologies for the military.
Funds can also be used for infrastructure supporting the adoption of new defense capabilities.
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Additional Information
Print number: 118_S_5555
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2024-12-17