State Department Issues Sanctions on Russian Defense Companies
The State Department released the details of its "sweeping actions" against Russian defense enterprises. The March 3 announcement lists 22 Russian defense-related entities "critical to Russia’s war effort." The blocked entities produce a wide variety of Russian military equipment, from…
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drones, to vehicles, to electronic warfare components. OFAC will add them to the Specially Designated Nationals list. All property and interests in property of the entities in the U.S. or in the possession or control of U.S. persons are blocked. In addition, the announcement contained details about sanctions on Russian elites following an announcement by the White House (see 2203030073). OFAC will add the listed individuals and companies to the SDN list.