Sec. 122 — Authority to use incremental funding for long lead-time components for Virginia class submarines

Statutory text

Section 126 of the National Defense Authorization Act for Fiscal Year 2026 (Public Law 119—60; 139 Stat. 755) is amended—(1)by redesignating subsections (b) through (d) as subsections (c) through (e), respectively; and(2)by inserting after subsection (a) the following:

(b) Authority to use incremental funding. In exercising the authority under subsection (a), the Secretary of the Navy may enter into incrementally funded contracts for the procurement of covered components that are long lead-time items..