When Foci stops the deal: A guide for fsos and executive teams

Join ISI on 5/28 at 1 PM ET for a deep-dive into Foreign Ownership, Control, or Influence (FOCI). It is one of the most misunderstood risks in defense M&A, and one of the costliest to discover too late. When a business transaction triggers a FOCI determination that can't be mitigated, the result is stark: divest the foreign interest, or lose the Facility Security Clearance. For most defense contractors, losing the FCL isn't just a compliance problem. It's an existential one.

This 30-minute session cuts through the regulatory complexity and gives FSOs and executive teams the practical knowledge they need to get ahead of FOCI before a deal is on the table. We cover what triggers a FOCI review, how DCSA evaluates and adjudicates foreign interest, when mitigation is possible and when it isn't, and what both FSOs and executives must do to protect the company's clearance and the deal.

Attendees will leave with:

A clear understanding of the three pillars of FOCI and how they arise in common deal structures
A working knowledge of mitigation instruments, including special security agreements (SSAs), proxy agreements, and voting trusts
Specific guidance on the FSO's role in M&A transactions
A proactive FOCI assessment framework to apply before the next deal