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⍰ ASK Are there any specific considerations for companies in the aerospace and defense industry during formation in the USA?

Companies must navigate the International Traffic in Arms Regulations,, overseen by the Department of State, governing the export and import of defense-related items. Compliance is crucial to avoid legal issues.

Additionally when contracting with the Department of Defense (DoD), companies must follow DFARS rules. These cover cybersecurity, counterfeit parts, and intellectual property, necessitating strict adherence.

The Committee on Foreign Investment in the United States (CFIUS) reviews transactions with potential national security implications.

For those dealing with classified information, clearances from the Defense Security Service (DSS) may be required.
 

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