Status Update: Clearance Acquirer: Tyco International plc (Ireland) Acquired: Johnson Controls, Inc. (U.S.) Value: US$11.3 billion Industry: Security Solutions UPDATE: According to SEC filings, Johnson Controls, Inc. and Tyco International plc, completed their combination on September 2, 2016. (See Johnson Controls International plc Ex-99.1 to Form 8-K, Feb. 23, 2017, SEC Filing.) Following … Continue Reading
The US State Department’s Directorate of Defense Trade Controls (DDTC) and Commerce Departments’ Bureau of Industry and Security (BIS) have issued companion proposed rules to reform Category XII of the US Munitions List (USML). Under the proposed rules (State Rule; BIS Rule), certain fire control, laser, imaging, and guidance and control equipment that were previously controlled as defence articles … Continue Reading
