This bill would modify federal defense contracting rules to prevent contractors from using a late submission of cost and pricing data as a legal defense when the government seeks to adjust contract prices due to defective pricing information. Currently, defense contractors can avoid price adjustments by claiming they submitted their cost data after the price was already agreed upon. The bill eliminates this loophole, ensuring the government can recover overpayments when contractors provide inaccurate or incomplete pricing data, regardless of when that data was submitted. This change affects defense contractors and subcontractors who work on federal military contracts. The legislation is intended to protect taxpayer money by giving the Department of Defense stronger tools to negotiate fair prices and correct pricing errors in defense contracts.