CONDITIONS ON FUNDING OF DEFENSE TECHNOLOGY REINVESTMENT PROJECTS.

SEC. 1317. CONDITIONS ON FUNDING OF DEFENSE TECHNOLOGY REINVESTMENT PROJECTS. (a) Benefits to United States Economy.—In providing for the establishment or financial support of partnerships or other cooperative arrangements under chapter 148 of title 10, United States Code, using funds made available under section 1311(a), the Secretary of Defense shall ensure that the principal economic benefits of such partnerships and other arrangements accrue to the economy of the United States. (b) Use of Competitive Selection Procedures.—Funds made available under subsection (a) of section 1311 for programs of the type described in subsection (b) of such section shall only be provided to projects selected using competitive procedures pursuant to a solicitation incorporating cost-sharing requirements for the non-Federal Government participants in the projects. (c) Conforming Amendment.—Section 2511(e) of title 10, United States Code, is amended by striking out “, except that” and all that follows through “applies”.