ARMOR Act

Key Points

• The bill speeds up government approval for the U.S. to share, repair, and transfer military equipment with the United Kingdom and Australia, and extends some of that faster process to Canada as well.
• It widens the types of transactions covered by the fast-track export license system, from just exports to also include reexports, temporary imports, and brokering deals.
• The bill removes a standard congressional notification requirement for certain arms exports and transfers among the three AUKUS partners, reducing one oversight step Congress normally gets before some arms deals proceed.
• The State Department, working with the Defense Department, must review the list of technologies still restricted from this fast-track system every year for five years, then every three years after that, to keep only truly sensitive items on the list.
• Congress will require detailed annual reports for 15 years tracking how many export licenses were approved under the new system and who received them, to monitor whether it's working without harming national security.