Department of Defense Industrial Base Policy – Global Investment and Economic Security (GIES)
Global Investment and Economic Security protects Department of Defense equities from adversarial foreign investment risks, at home and abroad by delivering national security risk analyses and mitigation proposals to decision makers to resolve national security concerns. The office oversees:
- Committee for Foreign Investment of the United States (CFIUS)
- Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector (Team Telecom)
- Department of Justice and Federal Trade Commission Hart-Scott-Rodino Anti-Trust reviews
The Committee on Foreign Investment in the United States (CFIUS)
CFIUS is an interagency committee authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons, in order to determine the effect of such transactions on the national security of the United States. CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended (section 721), and as implemented by Executive Order 11858, as amended, and the regulations at chapter VIII of title 31 of the Code of Federal Regulations.
- For each CFIUS transaction, the Department of Defense affirms the transaction will not impair national security or certify to Congress there are no unresolved national security concerns. In some cases, the transaction is referred to the President for decision to prohibit or unwind the transaction.
- CFIUS Real Estate Instructions
- Department of Defense Instruction 2000.25
- Procedures for Reviewing and Monitoring Transactions Filed with the Committee on Foreign Investment in the United State
- U.S. Census Bureau CFIUS Geographic Mapping Tool
- This mapping tool allows users to input an address and determine the distance to certain military installations. This tool was developed to assist the public and is provided for reference only; it should not be interpreted as guidance or an advisory opinion by CFIUS with respect to any particular transaction.
The Military Aviation and Installation Assurance Siting Clearinghouse
The Military Aviation and Installation Assurance Siting Clearinghouse (The Clearinghouse) works with industry to overcome risks to national security while promoting compatible domestic energy development. Energy production facilities and transmission projects involving tall structures, such as wind turbines, solar power towers and panels, and electrical transmission towers, may degrade military testing and training operations. In the national system of ground-based surveillance radars, the creation of "clutter" generated from wind turbines can present a hazard to air safety and surveillance. Wind turbines located near military test and training ranges can also impact airborne military radar capabilities. Likewise, solar systems may present hazards to aircraft and air traffic control tower operations due to possible "glint" or longer duration "glare" reflecting off of panels. Finally, the electromagnetic interference from electricity transmission lines can impact critical Department of Defense testing activities. The Clearinghouse office is part of the Office of the Assistant Secretary of Defense for Energy, Installations, and Environment.