Airpower Acceleration Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4374 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4374 To authorize the Secretary of Defense to enter into multiyear contracts for the procurement of F-35 and F-15EX aircraft, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 22, 2026 Mr. Budd (for himself, Mrs. Shaheen, Mr. King, Mr. Schmitt, Mr. Sheehy, Mr. Rounds, and Mr. Cramer) introduced the following bill; which was read twice and referred to the Committee on Armed Services _______________________________________________________________________ A BILL To authorize the Secretary of Defense to enter into multiyear contracts for the procurement of F-35 and F-15EX aircraft, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Airpower Acceleration Act of 2026''. SEC. 2. MULTIYEAR PROCUREMENT AUTHORITY FOR F-35 AND F-15EX AIRCRAFT. (a) Multiyear Procurement Authority.--Subject to section 3501 of title 10, United States Code, except as provided in this section, the Secretary of Defense may enter into one or more multiyear contracts for the procurement of F-35A, F-35B, F-35C, and F-15EX aircraft. (b) Findings Requirements.-- (1) In general.--A contract described in subsection (a) is deemed to meet the requirements of section 3501(a) of such title. (2) Request.--Section 3501(i)(2) of such title shall not apply for purposes of this Act. (3) Report.--Not later than 90 days after the date of the enactment of this Act, the Secretary of Defense shall submit to Congress a report with respect to contracts described in subsection (a) containing preliminary findings of the agency head described in paragraphs (1) through (6) of section 3501(a) of such title, together with the basis for such findings. (c)