S-2055 : Still Just a Bill

S. 2055, also known as the Securing American ARMS Act of 2023, aims to expedite the replenishment of United States defense stockpiles. Here's a summary of the bill's key provision:

• Emergency Acquisition Authority: The bill amends Title 10 of the United States Code to allow for faster acquisition and deployment of defense articles.
• Stockpile Replenishment: This expedited process would be triggered when US stockpiles are depleted due to providing defense articles to:
  • A US ally or partner facing an armed attack from a country of concern.
• Movement and Delivery: The bill also covers contracts for the movement or delivery of defense articles transferred to such ally or partner.
• Non-Party to Hostilities: The US must not be a party to the hostilities to utilize this authority.

In essence, the Securing American ARMS Act seeks to ensure the US can quickly replenish its military resources after providing aid to allies and partners under attack, without being directly involved in the conflict.