(a) Program.—Subject to availability of appropriations, the Secretary of Defense shall establish a competitive, merit-based program to accelerate the procurement and fielding of innovative technologies by, with respect to such technologies—
(b) Guidelines.—
(1) In general.—
The Secretary shall issue guidelines for the operation of the program established under this section.
(2) Contents.—At a minimum, the guidelines for the operation of the program established under this section required under paragraph (1) shall provide for the following:
(A)
The issuance of one or more solicitations for proposals by the Department of Defense in support of the program, with a priority established for technologies developed by small business concerns (as defined under section 3 of the Small Business Act (15 U.S.C. 632)) or nontraditional defense contractors (as defined under section 3014 of this title).
(B)
The issuance of not more than two solicitations for proposals by the Department of Defense in support of the program each fiscal year for innovative technologies from entities that, during the one-year period preceding the issuance of the solicitation, have not performed on contracts and subcontracts for the Department under which the aggregate obligations of the Department to such entity for such period exceeds $400,000,000.
(c) Maximum Amount.—
The total amount of funding provided for any proposal selected for an award under the program established under this section shall not exceed $50,000,000, unless the Secretary (or designee of the Secretary) approves a greater amount of funding.
(d) Data Collection.—
(1) Plan required before implementation.—The Secretary of Defense may not provide funding under this section until the date on which the Secretary—
(e) Biannual Report.—
Not later than March 1 and September 1 of each year beginning after the date of the enactment of this section, the Secretary of Defense shall submit to the congressional defense committees a report on the program established under this section.