COST-BENEFIT ANALYSIS OF F/A–18E/F AIRCRAFT PROGRAM.

SEC. 219. COST-BENEFIT ANALYSIS OF F/A–18E/F AIRCRAFT PROGRAM. (a) Report on Program.— Not later than March 30, 1997, the Secretary of Defense shall submit to the congressional defense committees a report on the F/A–18E/F aircraft program. (b) Content of Report.— The report shall contain the following: (1) A review of the F/A–18E/F aircraft program. (2) An analysis and estimate of the production costs of the program for the total number of aircraft realistically expected to be procured at each of three annual production rates as follows: (A) 18 aircraft. (B) 24 aircraft. (C) 36 aircraft. (3) A comparison of the costs and benefits of the program with the costs and benefits of the F/A–18C/D aircraft program taking into account the operational combat effectiveness of the aircraft. (c) Limitation on Use of Funds Pending Submission of Report.— Not more than 90 percent of the funds authorized to be appropriated by this Act for the procurement of F/A—18E/F aircraft may be obligated or expended for procurement of such aircraft before the date that is 30 days after the date on which the congressional defense committees receive the report required under subsection (a).