This bill directs government officials to review and improve how defense items are sold to other countries.
FMS-Only List Review Act This bill requires the Department of State to conduct an annual review to identify defense articles and services eligible to be sold only through Foreign Military Sales (FMS) (i. e., U.S. government to foreign government sales) that should also be eligible to be sold through Direct Commercial Sales (DCS) (i. e., U.S. company to foreign government sales). For each article or service identified, the review must address (1) the length of time to complete a transfer of the article or service through the FMS program as compared to the DCS process; (2) the impact of a transfer of the article or service through the DCS process on the workload of the State Department and the Department of Defense; and (3) the benefits of the transfer of the article or service through the DCS process to U.S. national security and competitiveness. Within 30 days of the completion of each annual review, the State Department must report to Congress on the results of the review.
1. This bill requires a yearly review of defense items eligible for foreign military sales. 2. The review aims to identify which items could be sold directly to other countries instead. 3. It compares the time taken for sales through foreign military sales versus direct commercial sales. 4. The bill mandates a report detailing the findings of each review, including delays and changes to the sales list. 5. The report will be shared with specific congressional committees to ensure transparency.