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AI Summary: This is a policy document - specifically an Executive Order issued by the President reforming the foreign defense sales system. This regulation aims to improve the United States' foreign defense sales process by establishing new policies to enhance transparency, streamline decision-making, and strengthen defense cooperation with allies. The key provisions include: creating more efficient processes for transferring military capabilities to partner countries, reducing regulatory barriers in defense sales, increasing government-industry collaboration, and developing more flexible contracting options. The order requires specific actions from the Secretaries of State, Defense, and Commerce, such as developing lists of priority partners and end-items, creating metrics for accountability, and establishing a single electronic tracking system for defense sales export licenses. The regulation defines key terms like "exportability" and "foreign defense sales system" and provides a framework for implementing these changes, with specific timelines for various agencies to submit plans and update existing processes. The order emphasizes the goals of strengthening allied burden-sharing, protecting sensitive technologies, and supporting the United States' defense industrial base.