- On April 16, 2024, the National Institute of Standards and Technology (NIST), part of the Department of Commerce, announced the launch of a new funding opportunity called the Small Business Innovation Research (SBIR) Program for CHIPS for America – CHIPS Metrology.
- The Notice of Funding Opportunity (NOFO) is aimed at enhancing small businesses’
May 2024
Further AUKUS Progress: State Publishes Proposed Rule for License Exemptions for Australia and the United Kingdom
On May 1, 2024, the State Department published a proposed rule to amend the International Traffic in Arms Regulations (ITAR) and establish an exemption to the licensing requirement for exports, reexports, transfers, or temporary import of defense articles to or within Australia and the United Kingdom. This proposed rule is intended to promote the goals…
OFAC and State Target Russia’s Military-Industrial Base and Third-Country Support with Additional Sanctions
On May 1, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of State announced further sanctions targeting Russia’s military-industrial base and chemical and biological weapons programs as well as companies and individuals in third countries that continue to help Russia acquire key inputs for weapons or defense-related production.
New Legislation Extends U.S. Sanctions Enforcement Period to Ten Years
On April 24, 2024, President Biden signed into law a significant amendment to the statute of limitations for violations under U.S. sanctions laws, as part of the national security package (H.R. 815). This change extends the period for enforcement actions from five to ten years, reflecting a more robust approach to national security…