Elmatica can document over the last years an annual increase of 20-30% in the defense industry. This increase is predominantly due to four aspects:
(I) Development of new advanced products and capabilities all requiring PCBs
(II) Increased demand for new and existing products
(III) New compliance regulations and Cyber Security requirements (CMMC)
(IV) Most importantly a general understanding that each actor in the supply chain has an irrevocable responsibility to know their countries export compliance regulations and licenses.
Elmatica has over several decades specialized in securing the supply chain for the defense, space and telecommunication industry. Frequently holding customer, supplier and industry seminars sharing knowledge regarding export compliance.
“We recognize a strong increase in demand for these seminars and our knowledge regarding how to secure your supply chain. As these mega trends merge combined with new export compliance demands and cyber security requirements we secure our internal knowledge by being the first or one of the first PCB brokers or suppliers in the world having a full time dedicated Compliance Manager handling export compliance”, says Bech.
We need to work together
As a substantial and experienced partner to the defence industry, Elmatica recognizes that there is a lack of knowledge or understanding of the fact that each company is responsible for their export compliance, irrespectively of what their customer informs or believes.
“We need to work together to improve our methodology to ensure that we are aware of all demands and requirements, before anybody shares any Controlled Unclassified Data (CUI) in a supply chain. If your partner, customer or supplier can not present an export compliance program, you should take extra precautions. In a world where digitalization is a must and threat to your data, one needs to address the consequence regulatory compliance has on your business and products”, says Bech.