The bill establishes the United States-Abraham Accords Defense Cooperation Initiative, aiming to enhance defense cooperation with countries that have normalized relations with Israel since 2020. It focuses on deterring aggression from Iran, coordinating with the Comprehensive Security Integration and Prosperity Agreement, and enhancing regional military planning and cooperation. The Initiative will involve various military capabilities and exercises. The Secretary of Defense is required to submit a report detailing the strategy and funding needs, and there's a congressional recommendation for participating countries to contribute matching funds to the Initiative.