RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement. The aerospace and defense company reached a settlement agreement with the U.S. State Department ...

As the interplay between export controls, trade sanctions, and anticorruption enforcement continues to intensify, multinational companies must remain vigilant in ensuring that their compliance ...

The Department of Commerce’s Bureau of Industry and Security (BIS) has a strategic role in U.S. national security, foreign policy, and economic interest. With a change in administration in 2025, BIS’s ...

Some of the alleged unauthorized exports consisted of “parts, components, and technical data related to sensitive U.S. and foreign government military platforms,” such as the Tomahawk cruise missile, ...

Russia’s invasion of Ukraine has sparked a war with unusual implications: The U.S. has stepped up sanctions and export controls. But companies are increasingly learning that the most seemingly ...

Big changes are afoot at the U.S. Department of Commerce Bureau of Industry and Security that, on the one hand, would significantly raise the stakes for companies that run afoul of export control ...

The U.S. State Department says Raytheon will pay $4 million in civil penalties and another $4 million to make remedial self-improvements to resolve “hundreds” of civil violations of the Arms Export ...

WASHINGTON – New Jersey Rep. Tom Kean, Jr., R-7th, along with Rep. Julie Johnson (D-TX) have introduced bi-partisan legislation designed to prevent the smuggling of American-made artificial ...

(Reuters) - The U.S. Commerce Department is likely to impose hefty fines on companies in the coming months for illegally shipping technology to customers in countries like China, a top department ...

Key components produced by a leading Taiwanese chipmaker were found in a powerful AI chip from a Chinese company, according to an initial report from a semiconductor research firm, which experts say ...

The Chinese government is reportedly reviewing Meta Platforms Inc.‘s (NASDAQ: META) recent acquisition of AI firm Manus for potential violations of technology export controls. The Chinese Ministry of ...