The United States may tighten restrictions on foreign ownership of real estate near military installations. On Monday, the Department of the Treasury issued a notice of proposed rulemaking that would expand the jurisdiction of the Committee on Foreign Investment in the U.S. CFIUS has the authority to deny the purchase or lease of properties around...
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Tag: national security
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Taiwan to Acquire AeroVironment Switchblade 300 Loitering Munition From US
The United States has approved Taiwan’s request to purchase loitering munition systems. The proposed foreign military sale, estimated to be worth $60.2 million, will supply Taipei with AeroVironment’s Switchblade 300 advanced weapon system to strengthen the East Asian nation’s capability to defend itself against regional threats. The Switchblade 300 can be transported in a backpack...
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European Investment Fund, NATO Partner to Improve Regional Defense Sector Investment
The European Investment Fund has launched an initiative to strengthen investments in the continent’s defense and security capabilities. In a memorandum of understanding with the NATO Innovation Fund, the two organizations aim to encourage private capital funds to allocate more of their investments towards the region’s defense and security industry. The MOU includes plans for...
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Treasury Seeking Comments on Proposal to Prohibit Tech-Related Deals in Countries of Concern
The Department of the Treasury is soliciting comments on its proposed regulations addressing potential national security issues posed by U.S. investments in locations deemed countries of concern under an executive order on national security technologies and products. The Treasury issued a notice of proposed rulemaking in compliance with Executive Order 14105, under which the department...
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Ensco’s MicroSearch Contactless Vehicle Sensor Debuts in Australia; Jeff Stevens Quoted
Washington, D.C.-based engineering and technology company Ensco said it has secured a contract to deploy its MicroSearch contactless vehicle sensor security inspection tool in critical infrastructures across Australia. The announcement did not disclose the contract details but indicated that the deal was in partnership with CTG Security Matrix, Ensco’s exclusive reseller based in Adelaide, South...
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Beijing to Curb Exports of Select Aviation, Aerospace Tech Items
A joint circular from three Chinese agencies announced restrictions on Chinese exports of some technologies and components for the aviation and aerospace industries, effective July 1. According to the state-run Xinhua News Agency, the circular also cited items such as specialized polyethylene fiber and manufacturing inputs for gas turbines. The agencies—the Ministry of Commerce, General...
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More US Defense Contractors Face Chinese Sanctions for Providing Weapons to Taiwan
China’s Commerce Ministry has announced sanctions against U.S. defense contractors Boeing Defense, Space & Security, General Atomics Aeronautical Systems Inc. and General Dynamics Land Systems. The ministry said the businesses were added to its “unreliable entity” list, including other U.S. companies Lockheed Martin and Raytheon Missiles & Defense, for supplying weapons to Taiwan. Listed organizations...
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US to Revoke Licenses for Firearm Exports to High-Risk Countries; Gina Raimondo Quoted
The U.S. Department of Commerce’s Bureau of Industry and Security will cancel all existing licenses for firearms exports to nongovernment end users in countries identified by the Department of State as high-risk destinations. The move is part of changes to the agency’s licensing policy for exports of firearms, ammunition and related components, which are expected...
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US, Allies Endorse Principles to Develop Secure, Inclusive 6G Technologies
The United States, together with nine allies, is endorsing six principles to govern the research and development of 6G wireless technologies. In a joint statement issued Monday, the allies, namely the U.S., the United Kingdom, Canada, Australia, Japan, South Korea, Finland, France, Sweden and the Czech Republic, called for open, free, reliable, resilient and secure connectivity....
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Intelligence Report Sees Potential Foreign Interference in US Election
The U.S. Office of the Director of National Intelligence has issued its latest threat assessment report that sees China possibly attempting to influence the 2024 presidential elections to muzzle the Chinese regime’s critics and highlight the American social divide. The 2024 Annual Threat Assessment of the U.S. Intelligence Community report noted increased sophistication in Beijing’s...