© Powered by SiteSpirit
Globalisation of the world's aerospace & defence industries continues in 2012 and beyond as a result of deregulation, heightened competition, the increase in demand of travel and security requirements in growing economies. Although market share is still dominated by the same Top 20 Companies as 5 years ago, the sector has undergone dramatic change and will continue to do so in the next decade.
On the one hand, the defense industry sees contraction with companies focused on new growth opportunities and expansion into new markets. This is mainly due to budget cuts and decreased military spending in the United States and Europe and increased spending in emerging economies. On the other hand the commercial aerospace market has enjoyed significant growth having had its best year ever in 2011 for production with future orders causing supply chain capacity concern.
Whether your company is pursuing new markets, expanding globally, entering into new partnerships or adjusting your supply chain, you need to consider closely what the impact will be on your export compliance management requirements and you must ensure that export controls are part of your planning.
Eagle Compliance enables aerospace and defence companies to get a firm grip on all components of export compliance management, providing you with a clear route to risk-free trading.
In addition to ongoing market developments, the U.S. government has made aggressive enforcement of export control laws a top priority, both domestically and extraterritorially. There is also increased scrutiny and cooperation amongst enforcement authorities from around the world resulting in numerous successful actions and significant penalties imposed against A&D companies.
This enhanced focus on enforcement has raised the already lofty stakes for aerospace and defense companies that must comply with dual-use and end-use export controls and the highly technical International Traffic in Arms Regulations (ITAR). Cross-border technical collaboration for example can be particularly complex as a regulatory matter and requires that you establish the proper compliance structure and authorizations from the start.
Eagle Compliance has has amassed a wealth of experience in providing companies of all shapes and sizes in the aerospace & defense sector with advice regarding compliance with export controls, ITAR and sanction regulations. We know what the regulations entail and how they are enforced on an international level.
Our team can assist with advising on individual transactions, no matter how complex, all the way through to the complete design, implementation and monitoring of a bespoke compliance program which integrates with your unique business processes and meets with all licensing & regulatory requirements.
We can analyse and provide you with best compliance practice on entrance into new markets, mergers and acquisitions, supply chain and 3rd party due diligence. We also provide a comprehensive suite of training modules which can be tailored to your requirements to ensure your company's risk is completely mitigated in the field of export compliance.
The Eagle Compliance Company specialises in export compliance for military & dual-use goods, call us today to find out how we can help.
M: + 31 (0)6 129 63 848
2033 AP Haarlem
P.O. Box: 5037
2000 CA Haarlem
P +31 (0)88 06 40 040
F +31 (0)84 71 79 339