INITIATION OF PROGRAM TO DESIGN AND DEVELOP NEXT-GENERATION NUCLEAR ATTACK SUBMARINE.

SEC. 215. INITIATION OF PROGRAM TO DESIGN AND DEVELOP NEXT-GENERATION NUCLEAR ATTACK SUBMARINE.(a) Program Required.—The Secretary of the Navy shall initiate a program to design and develop the next-generation of nuclear attack submarines.(b) Objective.—The objective of the program required by subsection (a) is to develop a nuclear attack submarine that meets or exceeds the warfighting capability of a submarine of the current Virginia class at a cost dramatically lower than the cost of a submarine of the Virginia class. The Secretary may meet such objective by modifying the Virginia class of nuclear submarines to incorporate new technology.(c) Report.—(1) In general.—The Secretary of the Navy shall include, with the defense budget justification materials submitted in support of the President’s budget for fiscal year 2007 submitted to Congress under section 1105 of title 31, United States Code, a report on the program required by subsection (a).(2) Contents.—The report shall include—119 STAT. 3170(A) an outline of the management approach to be used in carrying out the program;(B) the goals for the program; and(C) a schedule for the program.