Big Defense Gains Little Under New Export Rules

Law360, New York (February 10, 2014, 9:41 PM EST) -- With the U.S. government transitioning oversight of some defense-related exports from the State Department to the Commerce Department, attorneys say large defense companies won't benefit as much as those that make components subject to the export controls, because the bigger companies will still face cumbersome licensing procedures.

The two federal agencies are well underway in implementing changes to U.S. export controls, which grew out of the Obama administration's initiative to reform the system. The most recent changes have focused on moving some items from the International...
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