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1 1 (August 15, 2023)

handle is hein.crs/govemng0001 and id is 1 raw text is: \Congressional ____ '.Research Service FY2024 NDAA: Defense Industrial Base Policy August 15, 2023 Background The defense industrial base (DIB) is the network of organizations, facilities, and resources that supplies the U.S. government-particularly the Department of Defense (DOD)-with materials, products, and services for defense purposes. The DIB is large and complex, encompassing private and public entities engaged in activities ranging from basic research to the assembly and delivery of complete weapons systems (for more information, see CRS In Focus IF 10548, Defense Primer: U.S. Defense Industrial Base). Given its role in enabling military operations, the DIB tends to receive considerable attention from Congress, particularly as part of the annual defense authorization and appropriation process. The House-passed (H.R. 2670) and Senate-passed (S. 2226) versions of a National Defense Authorization Act for Fiscal Year 2024 (FY2024 NDAA) each contain numerous provisions that would modify or establish DIB-related programs or policy. Table 1 below summarizes key provisions from H.R. 2670 and S. 2226. Table I. Selected Defense Industrial Base Provisions Selected provisions from the House and Senate bills for an FY2024 NDAA House-passed (H.R. 2670) Senate-passed (S. 2226) DIB Investments and Incentives Sec. 853 would direct DOD to establish a public-private partnership pilot program that would create incentives (including loan guarantees) for private equity investment in small or nontraditional defense contractors. Sec. 862 would amend 10 U.S.C. §4817(d) to allow for use of the Industrial Base Fund to support recruitment, training, and retention of the large surface combatant workforce. Sec. 831 in S. 2226 is similar to Sec. 853 in H.R. 2670. No similar provision. Congressional Research Service https://crsreports.congress.gov IN12221 CRS INSIGHT Prepared for Members and Committees of Congress -

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