This bill requires the Department of Defense to submit annual reports to Congress identifying research, development, test, and evaluation projects that lack funding. The Secretary of Defense must submit these reports within 10 days after the President's annual budget is sent to Congress, listing unfunded priorities in order of urgency and including details such as project descriptions, recommended funding amounts, and account information. The bill applies to defense-wide research and development activities across the entire department and affects Congress, the Defense Department, and ultimately military modernization efforts. The legislation does not authorize any new spending but rather creates a reporting requirement to give Congress better visibility into what defense research projects are being delayed or canceled due to budget constraints. This allows lawmakers to make more informed decisions about defense research priorities when they draft the annual defense budget.