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Search Results: keywords:"defense modernization account"

  • S. 5555 allows the United States Department of Defense to use funds from the Defense Modernization Account for quickly updating equipment when there is a pressing need. The bill amends section 3136(d) of title 10, United States Code, to include new provisions that permit the...

    Simple Explanation

    S. 5555 lets the U.S. military use certain money to quickly upgrade its equipment with new technology when there's an urgent need, but there are concerns it might not use the money wisely without clear rules and checks.