Partner Alexander Hastings spoke with The Capitol Forum about new Department of Defense regulations that will require non-US contractors to undergo Foreign Ownership, Control, or Influence assessments before receiving unclassified defense contracts.
“The proposed rules could significantly complicate federal government contracting by requiring additional disclosures, reviews and mitigation measures, which could prove burdensome,” Alex said.
“At the end of the day, the industry still has time to weigh in and help ensure the new rules are realistic and compliance is achievable,” he added. “At the same time, the U.S. government will have to assess whether the current scope of the rules is truly enforceable.”
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