EXPANSION AND REAUTHORIZATION OF PILOT PROGRAM FOR AVAILABILITY OF WORKING-CAPITAL FUNDS FOR PRODUCT IMPROVEMENTS.

SEC. 332. EXPANSION AND REAUTHORIZATION OF PILOT PROGRAM FOR AVAILABILITY OF WORKING-CAPITAL FUNDS FOR PRODUCT IMPROVEMENTS. (a) Expansion.—Section 330 of the National Defense Authorization Act for Fiscal Year 2008 (Public Law 110-181; 122 Stat. 68) is amended— (1) in subsection (a), by inserting “, the Secretary of the Navy, and the Secretary of the Air Force (in this section referred to as the ‘Secretary concerned’)” after “the Secretary of the Army”; (2) in subsection (d)— (A) by inserting “by the Secretary concerned” after “submitted”; and (B) by inserting “by the Secretary concerned” after “used”; and (3) in subsection (e)— (A) in paragraph (1), by striking “the Assistant Secretary of the Army for Acquisition, Logistics, and Technology, in consultation with the Assistant Secretary of the Army for Financial Management and Comptroller,” and inserting “the Secretary concerned”; and (B) in paragraph (2), by striking “the Assistant Secretary of the Army for Acquisition, Logistics, and Technology” and inserting “the Secretary concerned”. (b) Covered Product Improvements.—Subsection (b) of such section is amended— (1) by inserting “retrofit, modernization, upgrade, or rebuild of a” before “component”; and (2) by striking “reliability and maintainability” and inserting “reliability, availability, and maintainability”. (c) Limitation on Certain Projects.—Subsection (c)(1) of such section is amended by striking “performance envelope” and inserting “capability”. (d) Reporting Requirement.—Subsection (e) of such section is amended— (1) in paragraph (2), by striking “2012” and inserting “2017”; and (2) in paragraph (3), by striking “60 days” and inserting “45 days”. (e) Extension.—Subsection (f) of such section, as amended by section 354 of the National Defense Authorization Act for Fiscal Year 2012 (Public Law 112-81; 125 Stat. 1377), is further amended by striking “2014” and inserting “2018”. (f) Clerical Amendment.—The heading of such section is amended by striking “to army”.