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S. 21: A bill to extend the period of the temporary authority to extend contracts and leases under the ARMS Initiative.

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 22, 2021.

This bill extends to November 25, 2025, the period of temporary authority for the Department of Defense (DOD) to extend contracts and leases under the Armament Retooling and Manufacturing Support Program (i.e., ARMS initiative). The authority allows DOD to extend a contract or lease for an additional 25 years.