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
Maverick Act
AERSALE, INC.: $35.0M Department of Justice Contract
ROLLS-ROYCE CORPORATION: $17.0M Department of Homeland Security Contract
PILATUS AIRCRAFT USA LTD.: $13.5M Department of Justice Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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Accelerating Access To Veterans' Benefits And Employment Opportunities
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Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
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