1. Short title This Act may be cited as the Keeping our Allies Leading in Advancement Act or the KOALA Act . 2. Exceptions for Australia relating to licensing of defense articles and defense services for export under the Arms Export Control Act (a) In general Section 38(j)(1) of the Arms Export Control Act ( 22 U.S.C. 2778(j)(1) ) is amended— (1) by redesignating subparagraph (C) as subparagraph (D)