H.R. 5137 — Defense Contractor Competition Act

This section directs the Comptroller General of the United States to conduct an assessment of the competitive effects of mergers and acquisitions of defense contractors during the 10-year period preceding enactment of this Act and to submit a report to the congressional defense committees that includes (1) the effectiveness of remedies related to such mergers or acquisitions on defense industry competition and defense industrial base sustainability; (2) the effectiveness of information sharing between the Attorney General, Federal Trade Commission, and Secretary of Defense in the merger and acquisition review process; (3) an analysis of processes used by the Secretary of Defense to measure the effects of vertical integration on competition, including data collection and access to information from involved defense contractors to assess anticompetitive practices; and (4) implementation of previous recommendations by the Comptroller General, Secretary of Defense, or Defense Science Board to enhance competition among defense contractors.