The State Department approved a possible military sale to Denmark for $744 million of "AIM-120D-3 Advanced Medium Range Air-to-Air Missiles" and logistics and program support, the Defense Security Cooperation Agency said Oct. 29. The principal contractor will be RTX Corp.
The Committee on Foreign Investment in the U.S. will hold its third annual conference Nov. 19 in person at the Treasury Department, the agency announced. Previous conferences have featured keynote speeches and panel discussions with senior government and CFIUS officials (see 2309140005 and 2309150038). Event registration closes Nov. 6.
The State Department approved a possible military sale to Switzerland for $450 million of "sustainment support" for elements of its Patriot missile systems, the Defense Security Cooperation Agency said Oct. 28. The prime contractors will be RTX Corp., Lockheed Martin and Leidos.
The State Department approved possible military sales to Taiwan and Japan, the Defense Security Cooperation Agency said Oct. 25.
The Bureau of Industry and Security’s proposed reporting rule for AI developers should shift from a computer-based threshold to a performance-based threshold to provide a better measure of risk, the Information Technology and Innovation Foundation’s Center for Data Innovation told BIS this month.
The State Department approved a possible military sale to Saudi Arabia for $440 million of "TOW 2A tube-launched, optically-tracked, wireless-guided, radio frequency missiles" along with "related elements of logistics and program support," the Defense Security Cooperation Agency said Oct. 24. The principal contractor will be RTX Corp.
The White House this week issued a memorandum on advancing U.S. leadership in artificial intelligence, directing federal agencies to take “concrete and impactful steps” to make sure the U.S. remains at the forefront of AI development and that the technology helps instead of harms national security. The memo calls on the Commerce Department, the State Department, the Office of Science and Technology Policy and other agencies to “improve the security and diversity of chip supply chains,” according to a fact sheet, and to protect advanced AI technologies from foreign theft.
The State Department approved a possible military sale to Poland for $7.3 billion of an "F-16 Viper Midlife Upgrade" and related elements of logistics and program support, the Defense Security Cooperation Agency said Oct. 23. The principal contractor will be Lockheed Martin.
The University of Kentucky this week launched a new site to provide export control and sanctions guidance to students, researchers and other members of the school, warning that there are “severe consequences to noncompliance,” including fines and possible prison time. The site covers the basics of export controls, including which countries are subject to embargoes; research guidance; information on international shipping, travel and collaboration; compliance training; a set of FAQs; and more.
The Financial Crimes Enforcement Network issued an alert Oct. 23 to help financial institutions uncover illegal activity by Hezbollah, a U.S.-designated foreign terrorist organization based in Lebanon.