The latest A&D news: Aeroflex’s $8 million dollar settlement with the U.S. Department of State for violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Regulations (ITAR).
The State Department reported it conducted an “extensive compliance review” and discovered “inadequate corporate oversight and a systemic and corporate-wide failure” which resulted in unauthorized exports and re-exports of electronics, microelectronics and related technical data that are subject to ITAR.
As part of its settlement with the State Department, if Aeroflex can demonstrate compliance with AECA and ITAR for both physical exports and technical data, the state department will waive $4 million of the $8 million civil penalty.
This is yet another event in a history of violations that point to the need for standards that allow companies to control how they share data across applications and systems. A&D recognizes this problem and is currently working on a…
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