Virginia Economic Development Partnership

Cyber Security for Defense Contractors: DFARS

In October 2016, the Department of Defense (DoD) issued rule 252.204-7012 (DFARS 7012) that changed the Defense Federal Acquisition Regulation Supplement (DFARS) regarding Safeguarding Covered Defense Information (CDI) and cyber incident reporting. In essence, this provision requires DoD contractors to provide adequate security to safeguard CDI on unclassified information systems that support work under a… Read more

Virginia Exporter Spotlight: Wako Chemicals USA, Inc.

Q&A with Lisa Komski Senior Manager, LAL and Export Divisions Wako Chemicals USA, Inc. Wako Chemicals USA, Inc. is an international corporation supplying a variety of innovative clinical diagnostic reagents, bioproducts and specialty chemicals worldwide.  Wako is a wholly owned subsidiary of Wako Pure Chemical Industries, Ltd. of Japan, which is world renowned for its… Read more

Virginia Exporter Spotlight: TMEIC Corporation

Q&A with Michael Cooper, Marketing Director TMEIC Corporation Roanoke, Virginia TMEIC drives industry around the world through a comprehensive offering of unique systems solutions including variable frequency drives, motors, photovoltaic inverters and advanced automation systems for a wide range of industrial applications. Established in 2003, Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) resulted from the integration of Toshiba… Read more

Virginia Exporter Spotlight: First Line Technology

Q&A with Amit Kapoor President, First Line Technology, LLC Chantilly, Virginia First Line Technology, LLC designs and manufactures disaster preparedness and emergency response equipment, including the AmbuBus® (medical ambulance bus), PhaseCore® Personal Cooling Vests, and a line of decontamination equipment, which includes FiberTect® dry decon wipes and Dahlgren Decon. Established in 2003, First Line Technology… Read more

Spotlight On: Virginia Leaders in Export Trade (VALET) Program

This case study was published in the International Economic Development Council’s (IEDC) “Economic Development Credit Analysis and Finance” manual. The economic importance of exports for states and localities has risen significantly in recent years. According to Virginia’s 2015 International Trade Profile, exports drove 27% of American economic growth in 2014 and reached an unprecedented $2.35 trillion that year…. Read more

Are you risking your company’s compliance by relying on your freight forwarder?

When exporting a product or service, whether defense-related or dual-use, regulated by ITAR or EAR, it is important to remember that as the exporter, the U.S. government requires you to take steps to ensure that your company is in compliance before selling overseas. Frequently, we see small companies that export products “outsource” their export compliance… Read more

UPS X-PORT Challenge

Your business could win $10,000 in free export credits from UPS! You’re invited to participate in the UPS X-PORT Challenge, a competitive event that helps local businesses connect with the world. This is an exclusive event delivered by UPS, a VEDP – International Trade Partner. Small businesses that enter the contest will: Have the chance… Read more

ITAR for Government Contractors

One of the most important areas of regulation for defense contractors is the International Traffic In Arms Regulations (“ITAR”). ITAR are the State Department controls that regulate the defense industry.2 Companies regulated under ITAR are subject to a number of requirements including registration, licensing, restrictions on transferring controlled technical data and performing defense services, among others…. Read more

Container Weight Mandate

In four months (effective date is July 1, 2016), all shippers subject to Safety of Life at Sea (SOLAS) requirements will be held responsible for providing the verified gross mass (VGM) of every single container it exports. The SOLAS Convention has over 150 contracting States, which flag about 99% of merchant ships around the world… Read more