A bill to authorize certain changes to be made in the F-14 aircraft procurement program.

Authorizes changes in the Navy F-14 aircraft contract as may be agreed upon by the Navy and the primary contractor in order to increase the ceiling price on the Lot V option for the F-14 aircraft to an amount equal to the cost of producing such aircraft without profit or loss to the primary airframe contractor.

Authorizes the appropriation of $570,100,000 for use by the Navy in fiscal year 1973 for procurement of the F-14 aircraft pursuant to any such change as authorized by this Act.