The Treasury Department sanctioned five entities and one individual based in Iran, China, Taiwan, and Hong Kong on July 31 for allegedly aiding Iran’s state-owned military aircraft and drone company to procure technology.
The department’s Office of Foreign Assets Control (OFAC) said its sanctions target Javad Alizadeh Hoshyar and five foreign entities linked to the Iran Aircraft Manufacturing Industrial Company (HESA).
HESA, a U.S.-sanctioned Iranian military aircraft manufacturer, operates as a subsidiary of Iran’s Ministry of Defense and Armed Forces Logistics. It produces the Ababil drone series, which is used by Iran’s Islamic Revolutionary Guard Corps (IRGC), a terrorist organization….