1. Short title This Act may be cited as the NATO Defense Financing Act . 2. Findings Congress finds the following: (1) Many United States allies, including some North Atlantic Treaty Organization (NATO) members, continue to operate Soviet era military equipment. This equipment is outdated, unreliable, increasingly unsafe and is unable to effectively integrate and operate jointly with United States military forces. (2) The inability of some NATO allies to fully operate alongside United States military forces decreases NATO combat effectiveness and places additional strain on the United States military. (3) Some NATO allies are compelled to buy spare parts and services from Russian providers to keep their Soviet-designed equipment functional. These NATO allies desire to operate modern Western military equipment, but have limited financial resources available to purchase expensive new equipment. (4) Following the end of World War II, the United States faced a need to help allies rebuild their militaries, which it addressed by providing substantial financial assistance through the Mutual Defense Assistance Act of 1949 ( 22 U.S.C. 1571 et seq.) and the Mutual Security Act of 1951 ( Public Law 82–165