Summary

Requires the State Department to identify countries that have normalized ties with Israel and are cooperating on regional security against Iran, and allows expedited approvals for U.S. defense sales, leases, licenses, exports, or transfers to those countries. It also requires presidential certifications before approvals, repeated State Department reporting to congressional foreign affairs committees, steps to prevent transfer of sensitive U.S. technology to China or Russia, and preserves Israel’s qualitative military edge.

• Authorizes expedited approvals for U.S. defense sales, leases, licenses, exports, and transfers to countries that normalized relations with Israel and cooperate on regional security against Iran.
• Requires the President to submit required statutory certifications at least 15 days before any expedited approval, including justification and safeguards versus tech transfer to China or Russia.
• Directs the Secretary of State to submit a written strategy to the House and Senate foreign affairs committees within 60 days and every 60 days thereafter.
• Requires an inventory and delivery timeframe for pending defense sales/transfers over $25 million going back five years in the periodic reports.
• Defines "Iran-aligned entity" (examples: Hezbollah, the Houthis) for purposes of the statute.
• Allows an optional classified annex to the otherwise unclassified reports to Congress.
• Explicitly preserves Israel's qualitative military edge against any adverse interpretation of this Act.
• Does not appropriate funds or create new spending programs; it changes export-approval procedures and oversight requirements.