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ITTA
has extensive experience in assisting with the U.S. national security
aspects of acquisitions, mergers, joint ventures and other business
arrangements involving foreign ownership of a U.S. company. Companies must
comply with U.S. national security laws/regulations when there is foreign
ownership, control, or interest in U.S.-based companies doing business
with the Department of Defense, Department of Energy or other U.S.
national security agencies.
ITTA
assists companies in understanding and conforming with the requirements of
the Committee on Foreign Investment in the United States (CFIUS), which
was established by the Exon-Florio Amendment of 1988. ITTA also supports
companies in complying with the National Industrial Security Program
Operating Manual (NISPOM) established by the U.S. Department of Defense.
Finally, ITTA assists companies with the export control obligations
undertaken after CFIUS and/or NISPOM requirements have been met.
The
Committee on Foreign Investment in the United States
ITTA
has assisted clients in successful CFIUS reviews five times in the
previous two years. ITTA can:
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Educate
company officials on the requirements and implications of CFIUS
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Develop
and coordinate overall strategy for CFIUS process
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Compile
and prepare CFIUS filings in coordination with law firms as
appropriate
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Serve
as company liaison to CFIUS and individual agencies such as DOD or the
Department of Energy
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Ensure
all necessary information is prepared and made available to CFIUS, DOD
or other US government agencies
Department
of Defense - National Industrial Security Requirements
ITTA
has extensive experience in assisting clients in understanding and
complying with the NISPOM requirements of the Defense Security Service of
the Department of Defense. ITTA can:
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Educate
company officials on the requirements and implications of NISPOM
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Assist
companies in developing foreign ownership mitigation measures to
satisfy U.S. government (Departments of Defense, Energy etc.)
requirements
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Advise
companies on the development of physical security arrangements for
offices and other facilities to protect classified or sensitive
information
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