REPORT ON ADVANCE PROCUREMENT FOR CVN–82 AND CVN–83.

SEC. 132. REPORT ON ADVANCE PROCUREMENT FOR CVN–82 AND CVN–83.(a) Report.—Not later than March 1, 2023, the Secretary of the Navy shall submit to the congressional defense committees a report on the plan of the Navy for advance procurement for the aircraft carriers designated CVN–82 and CVN–83. (b) Elements.—The report required by subsection (a) shall include an assessment of—(1) the value, cost, and feasibility of a two-year advance procurement period under a single-carrier acquisition strategy; (2) the value, cost, and feasibility of a three-year advance procurement period under a single-carrier acquisition strategy; (3) the value, cost, and feasibility of a two-year advance procurement period under a two-carrier acquisition strategy; (4) the value, cost, and feasibility of a three-year advance procurement period under a two-carrier acquisition strategy; and (5) the effect of a two-carrier acquisition strategy on force development and fleet capability. (c) Definitions.—In this section:(1) The term “single-carrier acquisition strategy” means a strategy for the procurement of the aircraft carriers designated CVN–82 and CVN–83 pursuant to which each aircraft carrier is procured separately under a different contract. (2) The term “two-carrier acquisition strategy” means a strategy for the procurement of the aircraft carriers designated CVN–82 and CVN–83 pursuant to which both aircraft carriers are procured together under one contract.