To amend title 10, United States Code, to strengthen the limitations on participation of the Armed Forces in foreign airshows or trade exhibitions involving military equipment.

Prohibits: (1) the Secretary of Defense, the Secretary of a military department, and military personnel and equipment from participating in any airshow or trade exhibition held outside the United States; or (2) the Secretaries from using training or readiness requirements to indirectly support such a show or exhibition. Provides an exception in the case of military equipment used to support such an airshow or exhibition on behalf of a defense contractor or industrial association, as long as such contractor or association fully reimburses the United States for all incremental costs of such support.