Maverick Act
Summary
The Maverick Act authorizes the Navy to transfer three surplus F-14D Tomcat aircraft to a museum in Alabama at no cost to the government. The bill has passed the Senate and is now held at the House desk. It authorizes no new spending and has no material impact on defense contractors.
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Key Takeaways
- 1.No new spending or procurement authorized.
- 2.Transfer is free to the government and involves only surplus, non-combat aircraft.
- 3.No material impact on defense contractors or investors.
Market Implications
No market implications. The bill does not authorize or appropriate any funds, and the aircraft are retired surplus. No defense contractor revenue is at stake.
Full Analysis
The Maverick Act (S. 4161) was introduced in the Senate on March 23, 2026, by Sen. Sheehy (R-MT). It passed the Senate by unanimous consent on April 28, 2026, and was received in the House on May 4, 2026, where it is currently 'Held at the desk.' The bill authorizes the Secretary of the Navy to transfer three surplus F-14D Tomcat aircraft (Bureau Numbers 164341, 164602, 159437) to the U.S. Space and Rocket Center Commission in Huntsville, Alabama. The transfer is free of cost to the government, and the aircraft must have no combat capability. The Navy may provide excess spare parts to make one aircraft flyable or complete for static display, but no new parts are to be procured. The bill authorizes no funding and does not appropriate any money. It is a routine conveyance of surplus military property to a museum. The only defense contractor with any historical connection is Lockheed Martin, which built the F-14D, but the aircraft are retired and out of production. No current revenue or contract is affected. The bill is in early House stage with no further action required for the transfer to proceed, as the Senate has already passed it.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Authorization to transfer three surplus F-14D Tomcat aircraft to a museum commission, with no combat capability and no cost to the federal government.
Who must act
Secretary of the Navy
What happens
The Navy transfers three retired, non-combat-capable aircraft as a conditional gift; no procurement or new spending is authorized.
Stock impact
Lockheed Martin built the F-14D Tomcat (1970s-2000s), but the aircraft were retired in 2006 and are no longer in production or service. This transfer has no effect on current or future revenue for Lockheed Martin.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Love Lives On Act of 2025
Department of Homeland Security Appropriations Act, 2027
Biodefense Diplomacy Enhancement Act
LOCKHEED MARTIN CORP: $438M National Aeronautics and Space Administration Contract
An original bill to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes.
LOCKHEED MARTIN CORP: $438M National Aeronautics and Space Administration Contract
National Defense Authorization Act for Fiscal Year 2027
Army Organic Industrial Base Mineral Partnerships Act of 2026
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