Export control reforms: How will aerospace and defense companies operating in the global economy be impacted? The White House envisions a comprehensive reform of the export control system

July 2011
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Highlights

  • The Obama administration has called for a restructuring of the export control system to readily respond to the realities of the post-Cold War globalized economy.
  • Many challenges to executing reform lie ahead.
  • The proposed reforms will change the way aerospace and defense companies operate.
  • Companies need to start planning now about how reforms will impact their compliance organizations and operations.
  • A more transparent, obvious export control system could improve a company's ability to win work in the global economy. The proposed changes to the system could make it easier for multinational companies to operate in the US market, while still ensuring that they maintain the capability to export their products to overseas customers.