The Treasury Department building in Washington on March 13, 2025. Alex Brandon/AP
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).
