Akana K.J. Ma, a shareholder at law firm, Buchalter, offers a brief introduction for both US and non-US suppliers on the developments in the US concerning regulatory mandates that will affect business transactions in the aerospace sector.
“Since the virus outbreak, I’ve had many conversations with aerospace executives wanting to reposition their companies in response to the business downturn. They remind me of a pilot executing an aerial manoeuvre called the Chandelle. Used since the earliest days of aerial dogfighting, the manoeuvre allows the pilot to change heading by executing a 180º banking turn while increasing speed to prepare the aircraft for an angle of attack in a radically new direction.
As companies reposition for the future, they need to be aware of two recent changes in US laws that affect any aerospace company selling parts or developing technology destined for use in the US market.”
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