The U.S. Department of the Treasury has blocked all American property interests of several persons who were found helping Hassan Moukalled and his money-changer company CTEX Exchange avoid U.S. sanctions for supporting the Lebanon-based militant group Hezbollah. The department’s Office of Foreign Assets Control identified two of Moukalled’s sons, Firas and Rayyan, as among his...
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Category: Middle East
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US, UAE Sign Technological Security Agreement at Annual Military Dialogue
The United States and the United Arab Emirates have vowed to boost cooperation on technology security under the Cooperative Technology Security Program Execution Plan. The program mandates the U.S. Defense Technology Security Administration’s International Cooperation Directorate to guide other nations’ defense and security sectors in safeguarding critical local and U.S.-origin military technologies. DTSA Director Michael...
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US Clears Possible $250M Sale of Blanket Order Training to Saudi Arabia
The United States has approved a proposed $250 million sale of blanket order training to Saudi Arabia. Under the potential foreign military sale cleared by the Department of State, the kingdom seeks to procure the required services for the Royal Saudi Naval Forces. The deal, which will be added to an earlier case, also involves...
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Pratt & Whitney Secures $66M Deal for Saudi F-15 Aircraft Engine Maintenance; Josh Goodman Quoted
Pratt & Whitney, an East Hartford, Connecticut-based aerospace company under RTX, has received a $65.8 million contract from Saudi Arabia’s Middle East Propulsion Co. to support the F100 engine maintenance of the Royal Saudi Air Force‘s F-15 Eagle tactical fighter aircraft. The task order from MEPC, the Saudi Ministry of Defense’s main contractor, calls for...
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US Treasury Sanctions Iran-Affiliated Company Supplying Drones to Russia
Sahara Thunder, a company identified as a front for Iran’s Ministry of Defense and Armed Forces Logistics, faces sanctions in the United States for facilitating the design, development, manufacture and sale of drones in support of Russia’s war in Europe. According to the Department of the Treasury’s Office of Foreign Assets Control, the Russian government...
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UAE Receives Delivery of Fouth GlobalEye AEW&C Aircraft From Saab
The United Arab Emirates has accepted delivery of its latest GlobalEye airborne early warning and control aircraft from Saab. The Swedish defense contractor shipped the advanced AEW&C aircraft on April 18, marking the fourth GlobalEye delivery in a span of four years. The company completed its commitment to supply the UAE’s first three AEW&C solutions...
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Ukraine, Israel, Taiwan to Receive US Security, Humanitarian Assistance Under New Law
President Joe Biden has signed a bill into law providing seven federal agencies with additional funding to deliver assistance to Ukraine, Israel and Taiwan. The legislation also authorizes the president to transfer defense articles and services from the Department of Defense to foreign countries or international organizations and enables the implementation of sanctions against foreign...
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Treasury Designates Companies, Individuals Supporting Iranian Cyberattacks on US Entities; Brian Nelson Quoted
The Department of the Treasury’s Office of Foreign Assets Control has imposed sanctions on two companies and four individuals linked to Iran-backed cyber operations that targeted a dozen U.S. companies and government entities. The designated companies and individuals are Iranian Islamic Revolutionary Guard Corps Cyber Electronic Command front company Mehrsam Andisheh Saz Nik; IRGC-CEC-affiliated cyber...
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US Expands Export Controls of Technologies to Russia, Iran Following Air Attack on Israel
The United States is expanding its list of items that require a license to be exported to Iran and Russia. On Monday, the Bureau of Industry and Security amended the Export Administration Regulations and added new items to the foreign direct product rules governing the two adversarial nations. FDP rules control the export of materials...
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US Treasury Designates Entities, Individuals Involved in Iranian Drone, Missile Production
The Department of the Treasury’s Office of Foreign Assets Control has designated 16 individuals and several entities for enabling Iran’s production of unmanned aerial vehicles and ballistic missiles used in a weekend attack against Israel. Companies and individuals subject to assets and trade restrictions include Oje Parvaz Mado Nafar Co. and its CEO Mohammad Sadegh...