Foreign Investment Panel Decides in Favor of ICON Aircraft’s Current Chinese Ownership
The CFIUS determination is based on the A5’s limited utility for potential military applications.
The CFIUS determination is based on the A5’s limited utility for potential military applications.
So, we had to ask: Is the ICON A5 really a platform of interest for the U.S. military? And would the assignment of its IP to a Chinese-government-backed entity pose undue concern for U.S. interests on the global stage? A recent investigation opened by the Committee of Foreign Investment in the U.S. (CFIUS) came in […]
The manufacturer seeks primary type certification on the A5 while under scrutiny resulting from questions regarding its Chinese ownership and potential military applications.