(a) Limitation on use of exception relating to agreements with foreign governments
Section 4863 of title 10, United States Code, is amended by adding at the end the following new subsection:
(b) Report
(1) In general
Not later than one year after the date of enactment of this section, the Secretary of Defense shall submit to the congressional defense committees a report regarding the use of the exception under section 4863(d) of title 10, United States Code relating to agreements with foreign governments.
(2) Content
The report required under paragraph (1) shall include—
an assessment of the frequency with which the Department of Defense, including prime contractors and subcontractors performing contracts for the Department, utilizes the exception under such subsection (d);
the total value and percentage of procurements to which such exception applied during each of the five fiscal years preceding the date of the report;
a list of each foreign country with which the United States has entered into a reciprocal defense procurement memorandum of understanding or other defense procurement agreement for purposes of qualifying for the exception under such subsection (d);
a supply chain analysis of each country described in subparagraph (C);
an assessment of the extent to which specialty metals incorporated into articles, materials, or supplies acquired pursuant to the exception in section 4863(d) of title 10, United States Code, originate from countries that are not parties to a defense procurement memorandum of understanding or other defense procurement agreement;
an identification of any secondary dependencies on specialty metals sourced from countries that are not parties to a defense procurement memorandum of understanding or other defense procurement agreement; and
an assessment of risks to the defense industrial base arising from such dependencies.