A bill to amend title 10, United States Code, to require the head of a Department of Defense agency to consider the foreign policy objectives of the United States before entering into a procurement contract with a foreign government or an instrumentality of a foreign government.

Amends Federal defense procurement provisions to direct the head of a defense agency, before entering into a contract with any contractor owned or controlled in whole or substantial part by a foreign government or instrumentality of a foreign government, to determine whether such contract is inconsistent with U.S. foreign policy and national security objectives. Requires the head of the defense agency, before entering into such a contract with a contractor owned or controlled by a foreign government which is included in the control list under the Export Administration Act of 1979, to report on such contract to the Congress.