A bill to amend title 10, United States Code, to authorize waiver of application of certain laws in connection with the acquisition of property or services from friendly foreign governments and international organizations to facilitate cooperation relating to defense equipment, and for other purposes.

Authorizes the Secretary of Defense to waive provisions of law relating to government contracts with respect to contracts for property or services to be made from a friendly foreign government or international organization where such a waiver will facilitate cooperation relating to North Atlantic Treaty Organization defense equipment.