Expanding the Defense Industrial Base Sales Act

This bill would change the Arms Export Control Act so that foreign military financing funds can be used by eligible foreign countries or international organizations to buy defense items, defense services, and design and construction services directly from sellers other than the U.S. Government. The Secretary of State, after consulting the Secretary of Defense, would have to approve this use before extending it to any country or organization, and could set terms and limits. Within 180 days, the State Department, working with the Defense Department, would have to write rules covering approval steps, audits and reporting, end-use monitoring and export controls, and efforts to bring in nontraditional defense companies. The bill states that this authority adds to, and does not replace, the existing foreign military sales program.

Full text and official record on Congress.gov

Sponsors

• Michael Baumgartner Republican sponsor
• 1 cosponsors