Baltic Security Initiative Act

This bill establishes the Baltic Security Initiative, requiring the U.S. Secretary of Defense to deepen security cooperation with Estonia, Latvia, and Lithuania (the "Baltic countries"). It authorizes $350 million annually for fiscal years 2024-2026 to enhance military capabilities like missile defense, cyber security, and joint planning, while addressing threats from Russia and China. The initiative mandates a strategy report to Congress within one year of enactment, detailing how the U.S. will achieve these security objectives. The bill directly affects U.S. defense spending and the military cooperation framework with the three Baltic nations.