S. 4784

In brief

This bill authorizes funding and sets operating policies for the Department of Defense and Department of Energy national security programs for fiscal year 2027. It establishes personnel strength levels for active duty and reserve forces, authorizes the procurement of new aircraft and ships, and approves specific military construction projects. The legislation grants the Office of Strategic Capital authority to make equity investments in private companies producing batteries and critical minerals while requiring the Department of Defense to review and report on the supply of materials like copper foil and synthetic diamonds. Introduced by Senator Roger Wicker (R-MS), the bill is currently being considered by the Senate.