; and (2) the Committee on Armed Services, the Committee on Appropriations, the Committee on Foreign Affairs, and the Permanent Select Committee on Intelligence of the House of Representatives. 1399F. Foreign Advance Acquisition Account (a) Establishment The Secretary of Defense may establish, within the Special Defense Acquisition Fund established pursuant to chapter 5 of the Arms Export Control Act ( 22 U.S.C. 2795 et seq. ), an account, to be known as the Foreign Advance Acquisition Account (in this section referred to as the Account ), that shall be maintained separately from other accounts and used to accelerate the production of United States-produced end items in reasonable anticipation of the sale of such end items through the foreign military sales or direct commercial sales processes. (b) Use of funds Amounts in the Account shall be made available to the Secretary of Defense for the following purposes: (1) To finance the acquisition, using the procedures of the Special Defense Acquisition Fund, of defense articles and services in advance of the transfer of such articles and services to covered countries through the foreign military sales process. (2) To provide a mechanism for covered countries to contribute funds, including before the completion of a letter of offer under the procedures of the Arms Export Control Act ( 22 U.S.C. 2751 et seq. ), for the acquisition of such defense articles and services. (3) To pay for storage, maintenance, and other costs related to the storage, preservation, and preparation for transfer of defense articles and services acquired using amounts in the Account prior to their transfer, and to pay for the administrative costs of the Department of Defense incurred in the acquisition of such items to the extent not reimbursed pursuant to section 43(b) of the Arms Export Control Act ( 22 U.S.C. 2792(b) ). (c) Contributions from covered countries The Secretary of Defense may accept contributions of amounts to the Account from any foreign person, entity, or government of a