The Treasury Department’s Financial Crimes Enforcement Network revoked a 2018 determination that designated Latvian bank ABLV Bank, AS as a money laundering concern, saying the bank no longer meets the criteria and should no longer face special financial restrictions.
The State Department approved possible military sales to Egypt and Iraq, the Defense Security Cooperation Agency said this week. The sale to Egypt includes $740 million worth of “stinger Missiles and related elements of logistics and program support,” and the principal contractor will be RTX Corporation. The sale to Iraq includes $65 million worth of “Follow-On Technical Support Vessel Maintenance and Repair” and related equipment, and the principal contractor will be Amentum.
The State Department approved possible military sales to Sweden and Bulgaria, the Defense Security Cooperation Agency said last week. The sale to Sweden includes $31.5 million worth of “multifunctional information distribution system joint tactical radio systems” and related equipment, and the principal contractor is Data Link Solutions. The sale to Bulgaria includes $114 million worth of “Javelin FGM-148F missiles” and related equipment, and the prime contractors will be the Javelin Joint Venture between Lockheed Martin and RTX Corporation.
The State Department approved a $228 million military sale to Taiwan, the Defense Security Cooperation Agency said Sept. 16. The sale includes services to return, repair and reship classified and unclassified spare parts for aircraft and related equipment. The sale doesn’t “require the assignment of any additional U.S. Government or contractor representatives to the recipient,” State said.
The U.S., Australia and the U.K. are exploring ways to incorporate Japan, Canada, New Zealand and South Korea into defense trade collaboration that was initially begun under the AUKUS partnership, they said in a joint statement this week.
The State Department approved possible military sales to Japan and Romania, the Defense Security Cooperation Agency said Sept. 13. The $4.1 billion sale to Japan includes “KC-46A Aerial Refueling Aircraft” and related equipment, and the principal contractors will be Boeing, Pratt & Whitney Military Engines, RTX and Northrop Grumman. The $7.2 billion sale to Romania includes F-35 aircraft and related equipment, and the principal contractor will be Lockheed Martin Aeronautics Co.
The State Department approved a possible $164.6 million military sale to Israel of “Heavy Duty Tank Trailers” and related equipment, the Defense Security Cooperation Agency announced Sept. 12. The principal contractor will be Leonardo DRS.
The Bureau of Industry and Security issued a correction to the most recent annual revision of the Code of Federal Regulations that it said introduced an "editorial or technical error" to the Entity List. The change restores the entries for Kapil Raj Arora under the Netherlands and Orion Eleven Pvt. Ltd. under Pakistan. The notice was scheduled to be published in the Federal Register Sept. 16.
The State Department approved a $133 million military sale to Singapore, the Defense Security Cooperation Agency said Sept. 9. The sale includes “AIM-120C-8 Advanced Medium Range Air-to-Air Missiles” and related equipment, and the principal contractor will be RTX Corp.
The Georgia Institute of Technology is severing ties with China-based Tianjin University, a school added to the Bureau of Industry and Secuirty’s Entity List in 2020, saying Tianjin’s placement on the list has made their relationship “no longer tenable.”