Procure PGMS For Israel Act This bill authorizes the President to:
Prior to any such transfer the President must certify to Congress that the transfer does not harm U.S. combat readiness or affect U.S. precision guided munitions supplies. The bill includes the production of precision guided munitions in the Department of Defense's rapid acquisition and deployment procedures. The bill permits use of the Special Defense Acquisition Fund to assist a U.S. ally that is under direct missile threat.