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Boeing has agreed to pay $51 million for violating exports controls of military technology, including employees in China downloading sensitive data from numerous defense aircraft and missiles.
The United States government has adopted two types of regulations to control exports of military-relevant items: ITAR, which cover weapons and defense articles specifically (such as missiles); and the Export Administration Regulations, which cover items that may have uses in defense articles (such as a radar component used in a certain missile).
China banned the export of dual-use products to over two dozen US defence contractors, targeting top players like Lockheed Martin and Raytheon, as it objected to Washington’s latest arms sales ...
An Export Management and Compliance Program (EMCP) is required by the U.S. Government to ensure that companies comply with export control policy for dual-use commodities, software, and technology. [1] The policies and regulations are intended to enhance national security; as well as limiting the proliferation of weapons of mass destruction.
A person cannot, without a license or exception, export or re-export foreign-made commodities, software, or technology that incorporates controlled US-origin commodities, software, or technology if the items require a license and incorporate or are combined with more than a minimal amount of controlled US content, as defined in Title 15 of the ...
Boeing announced in October that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months. Boeing issues layoff notices to 400-plus workers as it begins drastic cuts Skip to ...
By Allison Lampert and David Shepardson (Reuters) -Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in ...
Boeing Phantom Works is the advanced prototyping arm of the defense and security side of Boeing. Its primary focus is developing advanced military products and technologies, many of them highly classified .
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