Export Control in the News: AeroFlex’s ITAR Settlement and Standards for Export Compliance

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. more “Export Control in the News: AeroFlex’s ITAR Settlement and Standards for Export Compliance”