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LegalText 22 U.S.C. § 421 Contracts by Government agencies for defense articles, services, etc., for foreign governments in interests of United States us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 9 FOREIGN WARS, WAR MATERIALS, AND NEUTRALITY 421 22 U.S.C. § 421 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s421 data/legal/raw/us/code/title-22/usc22.xml 4de3491df8417894c112858b6dacbd7d17de7c47ff1eff02e0cff3a8b1255e2b b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 784f2b8f79c590442c00d7581b1e7c9dc8a5f47e2d35e86d3e747ed8b6d4363c 2026-07-04 official
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22 U.S.C. § 421 - Contracts by Government agencies for defense articles, services, etc., for foreign governments in interests of United States

Text

The President may, from time to time, when he deems it in the interest of national defense, authorize the head of any department or agency of the Government, to enter into contracts for the procurement of defense articles, information, or services for the government of any country whose defense the President deems vital to the defense of the United States, to the extent that such government agrees to pay the United States for such defense articles, information, or services prior to the receipt thereof and to make such payments from time to time as the President may require to protect the interests of the United States; and, upon payment of the full cost, the President may dispose of such articles, information, or services to such government: Provided, That the total amount of the outstanding contracts under this section, less the amounts which have been paid to the United States under such contracts, shall at no time exceed $600,000,000.

(Oct. 28, 1941, ch. 460, title I, § 102, 55 Stat. 746.)