The State Department last week approved a possible $780 million military sale to Poland, the Defense Security Cooperation Agency said. The sale includes "Javelin Missile Systems and related elements of logistics and program support," and the principal contractors will be RTX and Lockheed Martin.
A tentative TikTok deal reached between the U.S. and China will ensure the app will be majority-owned by American investors and will give the U.S. control over its algorithm, senior White House officials said during a call with reporters Sept. 22. TikTok’s U.S. operations will be transferred “into a new joint venture” based in the U.S., with a board of directors that’s mostly American, an official said. Technology company Oracle will “serve as a security provider,” overseeing “top-to-bottom security throughout the company.”
The U.S. and the U.K. last week signed the Technology Prosperity Deal, which the White House said will boost cooperation on AI, nuclear energy and quantum computing while supporting U.S. national security. A fact sheet said the deal will promote U.S. and U.K. AI exports to "offer the full stack of chips, data centers, and models" and will launch a U.S.-U.K. Quantum Industry Exchange Program to align trade and technology policy. They will also look to increase civil nuclear exports in third countries.
The State Department’s Directorate of Defense Trade Controls last week released its notifications to Congress of recently proposed export licenses. The notifications, which cover licenses submitted from April through June, include exports to Germany, Ukraine, Italy, the Netherlands, the U.K., Denmark, Saudi Arabia, Australia and elsewhere.
The State Department recently approved possible military sales to Finland, Peru, Norway, Belgium and the Netherlands, the Defense Security Cooperation Agency said.
The Treasury Department's spring 2025 regulatory agenda for the Financial Crimes Enforcement Network includes one new mention of a rule to finalize the agency's beneficial ownership information reporting rule.
President Donald Trump again signed an executive order giving China’s ByteDance another 90 days, or until Dec. 16, to find a buyer for TikTok or face a U.S. ban on the social media application.
The State Department’s Defense Export Control and Compliance System will undergo maintenance from 5 p.m. to 7 p.m. ET Sept. 15. "Industry users may experience service degradation, interruptions, or limited application functionality within DECCS during this maintenance window," the agency said. "If you experience any issues, please log back in after the maintenance window."
The State Department this week approved a possible $1.07 billion military sale to Finland, the Defense Security Cooperation Agency said. The sale includes "AIM-120D-3 Advanced Medium Range Air-to-Air Missiles" and related equipment, and the principal contractor will be RTX.
U.S. and EU officials met in Washington this week for the 13th U.S.-EU Space Dialogue, where they discussed "reducing barriers to trade and commerce in the space sector," among other issues, the State Department said. The two sides spoke about the need to "pursue fair, balanced, and mutually beneficial trade and investment." The meetings also included a roundtable with U.S. industry officials.