Chewning: Government is taking into account BAE's concerns over CFIUS policy

By Marjorie Censer / November 26, 2018 at 1:58 PM
A top Pentagon official said an interim Treasury Department rule that has concerned some organizations, including BAE Systems , will go through a regulation-writing process over the next year. Eric Chewning, deputy assistant secretary of defense for industrial policy, said at an Atlantic Council event today the rule in place is "a pilot program." The interim rule, put into effect Nov. 10 , expands the Committee on Foreign Investment in the United States' jurisdiction to non-controlling investments by foreign persons...

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