To establish a National Aero-Space Plane program under the joint control of the Department of Defense and the National Aeronautics and Space Administration.

Directs the Secretary of Defense and the Administrator of the National Aeronautics and Space Administration (NASA) to establish a joint National Aero-Space Plane program to develop a long-range hypersonic cruise research flight vehicle. Prescribes the respective funding and administrative responsibilities of the Department of Defense and NASA. Directs the Secretary and the Administrator to develop and submit to the Congress a management plan that includes goals, tasks, schedules, and resource procurement strategies.