FOCI (foreign ownership, control or influence)

The US test for whether a foreign owner could affect a cleared defence contractor. Where FOCI exists, the contractor must agree mitigation, such as a special security agreement or proxy board, to keep its facility clearance.

See also: Mitigation · CFIUS

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• Office of Strategic Capital loans
• National security screening in defence M&A

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Randeep Bubbra | Lawyer | Making defence financeable