A concurrent resolution to establish a Joint Select Committee on Defense Procurement Reform.

Establishes in the Congress a joint select committee to be known as the Joint Select Committee on Defense Procurement Reform whose functions shall be to: (1) conduct a thorough study of defense procurement practices; and (2) make legislative recommendations to the Armed Services Committees of each House of the Congress to eliminate waste and abuse of the defense procurement system.

Provides for appointment and membership of the joint select committee. Outlines authority, rules of procedure, and administrative provisions concerning the joint select committee.

Requires the joint select committee, not later than January 31, 1986, to report to the Committees on Armed Services of each House of the Congress on the results of its study of defense procurement practices, together with any legislative recommendations it deems advisable.