((a)) ** .—** Not later than 10 days after the date on which the budget of the President for a fiscal year is submitted to Congress pursuant to , the Secretary of Defense shall submit to the congressional defense committees a report on any major weapon systems proposed to be divested, re-prioritized, or retired in such budget.
((b)) ** .—** Each report under subsection (a) shall include the following:
((1)) Identification of each major weapon system the Secretary of Defense proposes to divest, re-prioritize, or retire in the period of five fiscal years following the date of the report.
((2)) Budget line-item details related to each major weapon system identified under paragraph (1).
((3)) For each proposed divestment, re-prioritization, or retirement, an explanation of—
((A)) the timeline for the divestment, re-prioritization, or retirement, including any factors that may affect such timelines positively or negatively;
((B)) any cost savings associated with the divestment, re-prioritization, or retirement;
((C)) the rationale for the divestment, re-prioritization, or retirement, including a qualitative description of the risk associated with the divestment, re-prioritization, or retirement based on the most recent National Defense Strategy (as of the date of the report);
((D)) any critical dependencies with other program efforts that might affect the timeline for such divestment, reprioritization, or retirement;
((E)) the expected disposition of the weapon system after divestment, re-prioritization or retirement; and
((F)) identification of the system or systems that are expected to satisfy the military requirements that were fulfilled by the weapon system once the divestment, re-prioritization, or retirement of that weapon system is completed.
((c)) ** .—** The Secretary of Defense shall ensure that the report required under subsection (a) is deconflicted with the report required under .
((d)) ** .—** In this section, the term “major weapon system” has the meaning given that term in .