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
The Defense Counterintelligence and Security Agency (DCSA) has provided new updates about the highly anticipated changes that will apply foreign ownership, control or influence (FOCI) mitigation requirements to unclassified contracts.… Continue Reading
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
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