Tag Archives: Committee on Foreign Investment in the United States

Jerry McGinn: Defense Production Act Authorizes Gov’t to Prioritize Contracts

Jerry McGinn GovConExpert

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in an opinion piece posted Thursday on The Hill that the Defense Production Act invoked by President Donald Trump serves as an “important tool” as the country seeks to come up with short- and medium-term responses to the impact of the coronavirus pandemic on the defense industrial base.

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SPA to Support DoD, CFIUS Foreign Investment Monitoring Efforts Under $90M Contract; William Vantine Quoted

Systems Planning and Analysis has received a potential five-year, $90M contract to help the Department of Defense and the Committee on Foreign Investment in the U.S. assess potential national security risks from transactions involving foreign investors.

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Speedcast Receives CFIUS Clearance for Globecomm Deal

Speedcast International announced Thursday that the Committee on Foreign Investment in the United States (CFIUS) has approved the company’s $135M acquisition of Globecomm Systems. CFIUS found no unresolved national security concerns holding up the acquisition. Speedcast expects the purchase of Globecomm to finalize before the end of 2018, pending customary closing conditions. On Aug …

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