Bass, Berry & Sims attorney Thad McBride provided insights on Lockheed Martin’s statements regarding helicopter sales in Iran. As of now, the practical risks of doing sales in Iran are too great, not to mention that the Department of Defense most likely would not allow it. In January, the United States and other countries eased sanctions on Iran, which ultimately led to potential business opportunities for certain industries to sell to Iran. Thad suggests that many are waiting for other U.S. businesses to make the first move.
The full article, “Is Lockheed Martin Considering Commercial Helicopter Sales to Iran? Not Just Yet,” was published by the Washington Business Journal on June 8, 2016, and is available online (subscription required).