Balancing security and profits with new strategic realities: Why being compliant is no longer enough
- How can we defend ourselves and support our allies if we continue selling underwater technology and leaking knowledge to nations we are planning defense for and we don’t have security cooperation with?
- Most Western companies enforce export control by complying with laws and regulations. However, mere legal compliance is no longer enough.
- The current threat picture demands much stricter export controls—we must do more to remain competitive and safeguard our defense capabilities.
- Updated decision support and subject matter expertise, along with intelligence-based due diligence and risk assessments, are crucial to addressing long-term security risks in exporting to nations with whom we lack sufficient security cooperation.
- Continuing selling dual-use technology to the very nations we are building defenses against, we risk undermining our strategic security interests.
