Defense Production Act Reauthorization of 2003

[AI summary unavailable — showing source text] Defense Production Reauthorization Act of 2003 - Amends the Defense Production Act of 1950 to: (1) extend its expiration date and authorization of appropriations through FY 2008; (2) include in its declaration of policy that its authorities should be used to ensure the national security of the United States and its infrastructure against hostile attack and against other man-caused and natural hazards; (3) make permanent its provisions indemnifying persons for any act resulting from compliance with a rule, regulation, or order issued pursuant to such Act; and (4) define ''critical infrastructure" as systems and assets, whether physical or cyber-based, so vital to the United States that their degradation or destruction would have a debilitating impact on national security, national economic security, and/or national public health or safety. Authorizes the President to take action to correct an industrial resource shortfall for radiation-hardened electronics to the extent that such action does not cause the aggregate outstanding amount of all such actions for industrial resource shortfalls to exceed $200 million. Requires a report from the Secretary of Defense to specified congre…