EconDefense
IND-08 / Industrial capacity, capital and credit

Finance or refinance dual-use critical technology with OSC direct loans

Provide loans for eligible investments in enumerated covered technology categories; the legal form is capital assistance, not an unrestricted equity fund.

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At a glance

Mission goalExpand production
Possible toolIND-08 · Loans & guarantees

Authority holder: Secretary of Defense acting through OSC Director

Loans & guarantees

Mechanism tags describe the source text; they do not expand the authority.

Availability and verification

Conditional legal pathway; current funding, required determinations, and actual delegation not certified.

Requirements and limits

Eligibility & prerequisites

  • Eligible entity and covered dual-use technology, not solely defense application
  • At least 80% nonfederal capital for the specific technology at investment time
  • Creditworthiness, reasonable repayment assurance and selection criteria

Limits & exclusions

  • New loans and technical-assistance authority expire Oct. 1, 2028
  • Direct-loan term up to 50 years
  • Treasury benchmark interest and nonsubordination rules have specific waivers

Funding conditions

  • Advance appropriations specifically providing credit assistance; Federal Credit Reform cost and DoD Credit Program Account. A headline lending ceiling is not cash available.
  • Enacted FY26 credit appropriation $97.770M no-year with $4.390B principal ceiling. FY25 reconciliation separately supplied $500M minerals-focused and $1B general capital-assistance funding through Sep.30,2029, each with $100B principal ceiling. These are statutory amounts, not remaining balances; do not simply add ceilings into deployable cash.

Read the funding and execution guide

Who contributes what

Need & planning

  • OSC investment and credit teams
    Office profile
  • Technology and acquisition requirement sponsors

Resources

Approval

Execution

Partners & review

  • Private lenders and eligible entities
  • Treasury / OMB credit-scoring officials
  • DoD legal counsel

Office links are editorial matches to the original role text, not verified delegations. Composite labels and unmatched actors are preserved.

Coordination pathway

Requirement sponsor → named planning office → resource owner and counsel → statutory approving official → authorized executing/contracting office.

Actor and execution-role sources

What this research establishes

Legal powerSource and conditions recorded
EligibilityProject-specific check needed
Available fundsBalances not verified
DelegationValid signature authority must be checked
ExecutionOffice capacity and approvals must be checked

Confidence: High on statutory permission; execution roles are organizational routing, not verified individual delegations.

Currentness: 10 USC149 2024 text read; FY26 §§905–906 amendments read in full; OLRC current entry shows laws effective Sept.28,2026.

Research target: October 2, 2026. A record-specific last-review date is not supplied. Publication date is not legal-currentness certification.