Capital comparator

Compare capital deal shapes

Loans, guarantees, purchase commitments, grants and third-party investment are not interchangeable.

Fields below reproduce the existing records. “Who signs” names the recorded approval and execution roles, not a verified individual signatory. The general record comparison remains available.

Capital and industrial instruments — no combined readiness score
Instrument	Legal form / source	Who is eligible	Who signs	Fund logic	What it is not / limits	Follow-through office	Public evidence
IND-02 · Guarantee private loans for defense production capacity	Industrial credit The President may authorize a guaranteeing procurement agency to guarantee private-institution loans supporting essential defense production and services. 50 U.S.C. § 4531 50 U.S.C. § 4534 50 U.S.C. § 4564 Pub. L. 119-75, div. A, title III, Defense Production Act Purchases	Required findings on defense essentiality, private-credit availability, cost effectiveness, repayment/security and interest unless statutory emergency exception applies Applicant security generally at least 20% of loan Large-shortfall notice and wait requirements For the FY26 DPA Purchases appropriation, enacted text permits Secretary of Defense obligation/expenditure as if delegated necessary DPA authorities; do not treat an Executive Order as the independent substantive grant. Transaction-specific nondelegable findings and credit limits still require review.	Holder President; designated guaranteeing agency Approval President / authorized statutory delegate; nondelegable findings retained where applicable Execution Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified	Advance credit-cost budget authority and statutory loan-principal limitation required; ordinary procurement money is not automatically credit subsidy authority. FY26 enacted DPA Purchases: $321.923M no-year. This is appropriated program amount, NOT verified remaining balance or automatic credit-principal ceiling.	Not general banking authority; applies to identified defense shortfalls Anti-Deficiency Act retained Most DPA authorities expire December 11, 2026 under §4564 as amended by Pub. L. 119-103; §4558 is excepted.	Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE)	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified. Use the responsible program’s process.
IND-03 · Make direct loans to private enterprises for productive capacity	Industrial credit Finance defense-related capacity, processes and essential materials, including exploration, development and mining, through DPA direct loans. 50 U.S.C. § 4532 50 U.S.C. § 4534 50 U.S.C. § 4564 Pub. L. 119-75, div. A, title III, Defense Production Act Purchases	Private financing not otherwise available on reasonable terms Apply §4532(b)(2) national-emergency findings as written Aggregate shortfall threshold notification or valid waiver For the FY26 DPA Purchases appropriation, enacted text permits Secretary of Defense obligation/expenditure as if delegated necessary DPA authorities; do not treat an Executive Order as the independent substantive grant. Transaction-specific nondelegable findings and credit limits still require review.	Holder President or authorized delegate Approval President / authorized statutory delegate; nondelegable findings retained where applicable Execution Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified	Specific advance credit authority and Federal Credit Reform/appropriations treatment must be confirmed; §4532 retains the Anti-Deficiency Act. FY26 enacted DPA Purchases: $321.923M no-year. This is appropriated program amount, NOT verified remaining balance or automatic credit-principal ceiling.	Loan terms and repayment assessment required Not equity or unrestricted corporate rescue Most DPA authorities expire December 11, 2026 under §4564 as amended by Pub. L. 119-103; §4558 is excepted.	Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE)	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified. Use the responsible program’s process.
IND-04 · Underwrite industrial capacity through purchases, offtake commitments and targeted subsidies	Industrial purchase commitments Purchase industrial resources or critical technology items for use or resale, encourage mining, and support production or technology transition; conditioned subsidies can sustain threatened high-cost domestic material sources. 50 U.S.C. § 4533(a)-(d) 50 U.S.C. § 4534 50 U.S.C. § 4552(7) 50 U.S.C. § 4564 Pub. L. 119-75, div. A, title III, Defense Production Act Purchases	Written essentiality, shortfall and cost-effectiveness determinations unless valid waiver Shortfall notices, >$50M threshold requirements and authorization/waiver analysis Above-market or anticipated-loss purchases require further findings For the FY26 DPA Purchases appropriation, enacted text permits Secretary of Defense obligation/expenditure as if delegated necessary DPA authorities; do not treat an Executive Order as the independent substantive grant. Transaction-specific nondelegable findings and credit limits still require review.	Holder President; duly delegated execution with reserved findings Approval President / authorized statutory delegate; nondelegable findings retained where applicable Execution Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified	DPA Fund and advance appropriations; funds and allowable commitment liability must be present. FY26 enacted DPA Purchases: $321.923M no-year. This is appropriated program amount, NOT verified remaining balance or automatic credit-principal ceiling.	Commitments generally no more than 10 years DPA domestic-source eligibility is not worldwide: U.S./Canada and conditioned Australia/U.K. rule for Title III Most DPA authorities expire December 11, 2026 under §4564 as amended by Pub. L. 119-103; §4558 is excepted.	Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE)	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: Assigned DPA Title III executing office and warranted contracting officer; current assignment must be verified. Use the responsible program’s process.
IND-08 · Finance or refinance dual-use critical technology with OSC direct loans	Technology credit Provide loans for eligible investments in enumerated covered technology categories; the legal form is capital assistance, not an unrestricted equity fund. 10 U.S.C. § 149(d)-(h) Pub. L. 119-60, §§905–906 Pub. L. 119-75, div. A §8134 Pub. L. 119-21, §20004(d) Pub. L. 119-21, §20005(b)	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	Holder Secretary of Defense acting through OSC Director Approval Secretary of Defense and OSC Director as specified in §149 Execution OSC Director and credit transaction team	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.	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	Office of Strategic Capital → Office of Strategic Capital	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingScale documentedUp to $200 billion in enacted loan and loan-guarantee principal capacity. Institutional/program context, not a funding allocation to this specific action. Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRoutes publishedThe office profile lists public routes and their scope. Not every route accepts applications for this instrument.
IND-09 · Guarantee private loans for OSC-eligible investments	Technology credit OSC can guarantee loans for eligible investments with established private-lender rates, stated guaranteed principal percentage and credit controls. 10 U.S.C. § 149(e)(3) Pub. L. 119-60, §906 Pub. L. 119-75, div. A §8134 Pub. L. 119-21, §20004(d) Pub. L. 119-21, §20005(b)	Eligible dual-use technology and entity Loan guarantee agreement and credit assessment Congressional notification within 30 days of use	Holder OSC Director, within Secretary of Defense program authority Approval Secretary of Defense and OSC Director as specified in §149 Execution OSC Director and credit transaction team	Specific credit subsidy and principal authority in appropriations; DoD Credit Program Account and Federal Credit Reform Act. 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.	No new guarantees after Oct. 1, 2028 absent extension §149(d) 80% rule is expressly written for direct-loan investments, not a blanket guarantee percentage rule Guarantee is not purchase of stock	Office of Strategic Capital → Office of Strategic Capital	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingScale documentedUp to $200 billion in enacted loan and loan-guarantee principal capacity. Institutional/program context, not a funding allocation to this specific action. Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRoutes publishedThe office profile lists public routes and their scope. Not every route accepts applications for this instrument.
IND-12 · Fund supply-chain capacity and workforce through grants and agreements	Industrial capacity assistance Use contracts, grants, cooperative agreements and other transactions; provide private-sector incentives to create, maintain, protect, expand or restore essential domestic industrial-base capabilities. Express eligible uses include workforce, facilities and production infrastructure. 10 U.S.C. § 4817(g)-(h) Pub. L. 119-60, §867	Enumerated §4817(g)(1) defense supply-chain purposes; other purposes require essentiality/timeliness findings and 30-day report No activity in the six covered countries under §4817(m) Applicable approval and award instrument	Holder Secretary of Defense; Fund control assigned by §4817(b) to USD(A&S) through named industrial-base office Approval Secretary of Defense or lawfully authorized delegate Execution WIRE/IBAS program and assigned warranted contracting or agreements officer	Industrial Base Fund appropriations; Pub. L.119-60 §867(b) bars using funds made available BEFORE Dec.18,2025 for newly added §4817(g)–(j) activities. FY27 CR limitations independently apply to its funds.	Purpose-limited supply-chain program, not general economic development New authorities sunset Dec.31,2035	WIRE/IBAS program and assigned warranted contracting or agreements officer → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE) Industrial Base Analysis and Sustainment program	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: WIRE/IBAS program and assigned warranted contracting or agreements officer. Use the responsible program’s process.
IND-13 · Award funding to third-party investment entities for small and medium firms	Intermediated industrial investment Make awards to intermediaries supporting investments in small/medium entities working in defense-interest areas that benefit DoD missions. 10 U.S.C. § 4817(h)(3) Pub. L. 119-60, §867	Enumerated §4817(g)(1) defense supply-chain purposes; other purposes require essentiality/timeliness findings and 30-day report No activity in the six covered countries under §4817(m) Applicable approval and award instrument	Holder Secretary of Defense Approval Secretary of Defense or lawfully authorized delegate Execution WIRE/IBAS program and assigned warranted contracting or agreements officer	Industrial Base Fund appropriations; Pub. L.119-60 §867(b) bars using funds made available BEFORE Dec.18,2025 for newly added §4817(g)–(j) activities. FY27 CR limitations independently apply to its funds.	Authority runs only for five years beginning Dec.18,2025 This text expressly authorizes third-party investment awards; it does not expressly enumerate a general direct government equity portfolio	WIRE/IBAS program and assigned warranted contracting or agreements officer → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE) Industrial Base Analysis and Sustainment program	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: WIRE/IBAS program and assigned warranted contracting or agreements officer. Use the responsible program’s process.
IND-15 · Create durable demand through industrial-base offtake commitments	Industrial purchase commitments Make purchase commitments for federal use or resale, critical-mineral development, components, production capacity and dual-use technology transition. 10 U.S.C. § 4817(i)(1)-(3) Pub. L. 119-60, §867	Enumerated §4817(g)(1) defense supply-chain purposes; other purposes require essentiality/timeliness findings and 30-day report No activity in the six covered countries under §4817(m) Applicable approval and award instrument Document terms, exposure and statutory above-market/anticipated-loss findings	Holder Secretary of Defense Approval Secretary of Defense or lawfully authorized delegate Execution WIRE/IBAS program and assigned warranted contracting or agreements officer	Industrial Base Fund appropriations; Pub. L.119-60 §867(b) bars using funds made available BEFORE Dec.18,2025 for newly added §4817(g)–(j) activities. FY27 CR limitations independently apply to its funds.	Commitment term no more than 10 years New provisions sunset Dec.31,2035; contract survival/obligation mechanics need transaction review	WIRE/IBAS program and assigned warranted contracting or agreements officer → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE) Industrial Base Analysis and Sustainment program	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: WIRE/IBAS program and assigned warranted contracting or agreements officer. Use the responsible program’s process.
IND-18 · Use a time-limited industrial innovation pilot for credit and third-party debt/equity investment	Industrial innovation pilot An uncodified pilot expressly lists loans, guarantees, purchase commitments, cost-sharing and third-party awards supporting debt/equity investment in small/medium manufacturers. Pub. L. 115-91, §1711 Pub. L. 116-283, §213(c) 10 U.S.C. § 4816	Pilot supports military manufacturing or emerging defense/commercial technologies Use applicable underlying contracting, OT or other lawful authorities and credit appropriations	Holder Secretary of Defense Approval Secretary of Defense or lawfully authorized delegate Execution WIRE/IBAS program and assigned warranted contracting or agreements officer	No inferred appropriation or revolving authority; credit assistance requires credit-law analysis.	Pilot terminates Dec.31,2026 Express third-party equity support does not establish unlimited direct Treasury equity acquisition Existing credit subsidy/principal authority must be identified	WIRE/IBAS program and assigned warranted contracting or agreements officer → Industrial Base Policy: Warfighting Investments, Resourcing, and Execution (WIRE) Industrial Base Analysis and Sustainment program	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingRules recordedThe record states funding rules and conditions; no program amount is attributed to this action. Assigned rolesRoles recordedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementProgram unverifiedOperating program and new-award feasibility unverified; recorded future 2026-12-31 pilot termination is not a present block at the corpus target date.
OEC-03 · Fund investments in critical technologies and assets	Investment funding Fund investments in the critical technologies and assets identified for the Joint Force, including supply-chain technologies not always supported through direct investment. 10 U.S.C. §9025(c)(3) P.L. 118-159 §924(a)	Connect the investment to the technologies and assets described in §9025(c)(2). Identify the transaction form, applicable requirements, lawful funds, and authorized signatory before execution.	Holder Office of Expanded Competition within the Office of the Secretary of the Air Force; headed by the OEC Director Approval Execution Office of Expanded Competition Director	§9025 does not specify a dedicated appropriation or available balance. Identify legally available funds and the fiscal conditions of the proposed action.	This is an express investment-funding duty, not merely coordination; the subsection does not specify an unrestricted direct-equity portfolio or particular financing instrument. No dedicated appropriation, available balance, or individual transaction delegation is established by this record.	Office of Expanded Competition → 10 U.S.C. §9025(a)–(c): organizational placement, Director and duties	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingScope documentedInvestment duties established; no standalone OEC budget verified in the reviewed sources. Institutional/program context, not a funding allocation to this specific action. Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: Office of Expanded Competition Director. Use the responsible program’s process.
OEC-06 · Help DoD provide loans, loan guarantees and technical assistance	Capital-assistance support Help DoD provide capital assistance to entities, including foreign entities, whose investments facilitate the Department's efforts. The statutory definition covers loans, loan guarantees and technical assistance. 10 U.S.C. §9025(c)(6), (d)(2) P.L. 118-159 §924(a)	The entity's investments must facilitate DoD efforts. Confirm the underlying instrument's eligibility, funding, credit requirements and authorized executing office.	Holder Office of Expanded Competition within the Office of the Secretary of the Air Force; headed by the OEC Director Approval Execution Office of Expanded Competition Director	§9025 does not specify a dedicated appropriation or available balance. Identify legally available funds and the fiscal conditions of the proposed action.	Helping DoD provide assistance is not verification of an independently operating OEC direct-loan or guarantee program. The capital-assistance definition does not establish unrestricted equity-purchase authority.	Office of Expanded Competition → 10 U.S.C. §9025(a)–(c): organizational placement, Director and duties	Legal basisSources linkedLegal sources and instrument limits are recorded. RequirementsGates recordedRead the requirements for this instrument; applicability depends on the proposed action. Public fundingScope documentedInvestment duties established; no standalone OEC budget verified in the reviewed sources. Institutional/program context, not a funding allocation to this specific action. Assigned rolesRemit sourcedPublic sources describe institutional authority. The instrument identifies approval and execution roles; a specific signature remains transaction-dependent. EngagementRole recordedRecorded executing role: Office of Expanded Competition Director. Use the responsible program’s process.

Public evidence describes the institution and instrument; it is not approval of an individual transaction.

Open selected-record comparison