Raanan Horowitz, CEO of Elbit Systems of America, has said he believes the U.S. needs to strike a balance between the need to ensure national security and advance foreign investment and that the country’s industrial base policy could help support such a balance.
House and Senate conference members have reached a compromise on a bill that would authorize $716 billion in defense budget for fiscal 2019, Stars and Stripes reported Monday. The negotiated deal on the fiscal 2019 National Defense Authorization Act would support the proposed pay increase of 2.6 percent for service personnel, …Read More »
House and Senate negotiators have agreed on a new measure that would strengthen the U.S. export-control process and the Committee on Foreign Investment in the U.S. in order to address national security concerns associated with Chinese deals and other overseas transactions, The Wall Street Journal reported Thursday. The provision would …Read More »
The Government Accountability Office has called on the Defense Department to evaluate national security risks associated with foreign investors that have access to emerging technology platforms or in proximity to critical military sites. GAO said in a report published Tuesday it made the recommendation after it found that the Committee on Foreign …Read More »
Commerce Secretary Penny Pritzker swore in 27 new officers for the U.S. and Foreign Commercial Service and one new intellectual property attache for the U.S. Patent and Trademark Office during a ceremony last week. The Commerce Department said in an announcement posted Friday that 14 officers will work overseas, nine have received assignments at domestic …Read More »