; and (2) subject to section 552 of title 5, United States Code (commonly known as the Freedom of Information Act ), to the same extent as if the record was maintained by the Department. (c) Inclusion of FOIA provisions In any contract entered into by a covered contractor with the Department, the Department shall include provisions relating to the application of section 552 of title 5, United States Code (commonly known as the Freedom of Information Act ) to any covered records produced during the fulfillment of the contract. 303. Financial disclosure by large contractors (a) Disclosure requirement (1) In general The Secretary of Defense shall require a covered contractor, as a condition for entering into a contract with the Department of Defense, to make publicly available the following information (excluding information determined to be classified by the Secretary): (A) Audited financial statements. (B) A listing of the salaries of employees performing work on the contract that receive compensation from the contractor in excess of $250,000 per year. (C) A description of all Federal political spending by the contractor. (2) Suspension and debarment The Secretary of Defense may suspend or debar any covered contractor that fails to comply with the disclosure requirements under paragraph (1). (3) Covered contractor defined The term covered contractor means a contractor (other than an institute of higher education) that— (A) received more than $10,000,000 in annual revenue from Federal Government contracts or licenses in any of the previous three fiscal years