Tag Archives: FOCI

Court Affirms Crack Down on Foreign Ties in a Proposed US Government Grant Award

A US Small Business Innovation Research (SBIR) award denied due to security threat of co-owners’ foreign ties after national security review. On June 8, the US Court of Federal Claims (USCOFC) published its opinion affirming the Air Force’s denial of a SBIR award due to the applicant’s ties to a foreign country of concern.[1]… Continue Reading

CFIUS Clearance: MacDonald Dettwiler and Associates and DigitalGlobe

Status:   Clearance Acquirer:  MacDonald Dettwiler and Associates Ltd. (Canada) Acquired:  DigitalGlobe, Inc. (US) Value:  US$3.6 billion (C$4.7 billion) Industry: Telecommunications; Aerospace UPDATE:  On September 28, 2017, MacDonald, Dettwiler and Associates Ltd., the Canadian global communications and information company, and DigitalGlobe, Inc., a US based satellite imagery company, “announced that the Committee on Foreign Investment in the … Continue Reading

CFIUS Filing Clearance: Tyco International plc and Johnson Controls, Inc.

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 the merger, … Continue Reading
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