Wesco Industrial Products, Inc., a U.S.-based manufacturer of material handling equipment such as hand trucks and fork lifts recently agreed to pay the Bureau of Industry and Security (“BIS”) $50,000 to settle charges that it had illegally exported pressure relief…
California-based Telogy LLC (“Telogy”), a distributor of test equipment, agreed last week with the Bureau of Industry and Security (“BIS”) to a suspended $76,000 fine in connection with Telogy’s exports of three oscilloscopes and one spectrum analyzer. The fine was…
A court battle raging between Italian company Tiber Aviation s.r.l. and Bell Helicopter Textron Inc. turns on whether Tiber was actually intending to ship a helicopter to Iran or whether Bell told that story to a special agent of the…
The speech given this morning by Secretary of Defense Robert Gates to a business group detailing the administration’s plan for export reform is now posted on the Department of Defense website and can be found here. It is an ambitious…
“Hillbilly,” a regular reader and commenter here, brought to my attention news reports last week, like this one, that indicated that the Bladerunner 51, a high-speed boat that holds the speed record for circumnavigating Great Britain, is now in the…