To provide installation reutilization authority for arsenals, depots, and plants.

[AI summary unavailable — showing source text] This bill authorizes the military department concerned, in the case of a military manufacturing arsenal, depot, or plant (a government-owned, government-operated defense plant of the Department of the Army that manufactures weapons, weapon components, or both), to authorize leases of and contracts for non-excess military property for a term of up to 25 years if it determines that such a lease or contract will promote the national defense or be in the public interest for the purpose of: helping to maintain the viability of such arsenal, depot, or plant and any military installations on which it is located; eliminating, or at least reducing, the cost of government ownership of the arsenal, depot, or plant; and leveraging private investment at the arsenal, depot, or plant through long-term facility use contracts, property management contracts, leases, or other agreements that support and advance the preceding purposes. The department concerned may delegate such authority to the commander of the major subordinate command of the Army responsible for the arsenal, depot, plant, or installation. The commander may approve such a lease or contract on a case-by-case or class basis. Any lease …