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The United States-Israel Defense Technology Cooperation Act aims to strengthen and streamline defense technology collaboration between the U.S. and Israel. It requires the Secretary of Defense to designate an executive agent responsible for coordinating joint efforts in research, development, testing, evaluation, and industrial cooperation related to defense technologies. This role includes identifying promising Israeli-origin technologies for integration into U.S. defense systems, ensuring secure collaboration across government, private sector, and academic institutions, and facilitating the transition of technologies from development to acquisition and deployment.

The bill outlines specific technology areas for cooperation, such as counter-unmanned systems, missile defense, artificial intelligence, cyber defense, biotechnology, and other emerging fields. It also emphasizes coordination with various Department of Defense components and other federal agencies to align efforts and avoid duplication. The executive agent is tasked with promoting joint training and information sharing to improve operational readiness.

To maintain oversight and transparency, the bill requires an interim briefing within 180 days of enactment and annual reports to congressional defense committees detailing progress, partnerships, technology transitions, and recommendations for future cooperation. Public updates will be provided on the Department of Defense website, balancing transparency with protection of sensitive information. Overall, the bill seeks to enhance U.S. national security by leveraging Israel's technological innovations and fostering deeper defense collaboration.