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Delegation of Authority Under Section 614(a)(2) of the Foreign Assistance Act of 1961

MemorandumExport controlSigned 25/12/26Federal Register 01/14Open the original

Summary

President Trump delegates to the Secretary of State the authority to determine whether it is vital to U.S. national security interests to authorize up to $25.9 million in sales of cluster munitions technology to the Republic of Korea. The delegation is subject to section 614(a)(3) of the Foreign Assistance Act of 1961.

By industry

Day by day after the announcement

Defense stocks and the S&P 500 after the announcement, cumulative %
Defense stocks and the S&P 500 after the announcement, cumulative %
DayDefense stocksS&P 500
25/12/240.0%0.0%
25/12/26−0.8%+0.0%
25/12/29−1.2%−0.3%
25/12/30−1.8%−0.4%
25/12/31−2.7%−1.1%
26/01/02−0.2%−1.0%
26/01/05+5.1%−0.3%
26/01/06+6.8%+0.3%
26/01/07+6.0%−0.0%
26/01/08+9.6%+0.1%
26/01/09+13.5%+0.6%
26/01/12+15.3%+0.7%
26/01/13+15.8%+0.5%
26/01/14+16.8%−0.1%
26/01/15+18.2%+0.3%
26/01/16+19.9%+0.3%
26/01/20+16.0%−1.7%
26/01/21+16.3%−0.5%
26/01/22+16.4%−0.3%
26/01/23+16.3%−0.3%
26/01/26+14.3%+0.3%

Korean stocks in these industries

  • Hanwha Aerospace 012450
  • Korea Aerospace Industries 047810
  • LIG Defense & Aerospace 079550
  • Hyundai Rotem 064350
  • Hyundai Motor Company 005380
  • Samsung Electronics 005930
  • SK hynix 000660
  • LG Energy Solution 373220
  • Hanwha Ocean 042660
  • Korea Zinc 010130

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

  • Prabu Natarajan

    BuyScience Applications International

    $201K

    Filed 25/12/16

  • James Reagan

    BuyScience Applications International

    $100.2K

    Filed 25/12/17

  • Vincent P. DiFronzo

    BuyScience Applications International

    $15.4K

    Filed 01/06

  • Hilary Hageman

    BuyScience Applications International

    $10K

    Filed 25/12/17

  • John T. Kim

    SellAmkor Technology

    $484.9M

    Filed 02/17

  • Scott C. Donnelly

    SellTextron

    $12.8M

    Filed 02/18

  • 915 Investments

    SellAmkor Technology

    $484.9M

    Filed 02/17

  • Scott C. Donnelly

    SellTextron

    $8.8M

    Filed 02/18

  • Kathy J. Warden

    SellNorthrop Grumman

    $4.1M

    Filed 02/10

  • Shane G. Eddy

    SellRTX

    $3.5M

    Filed 02/13

  • Kathy J. Warden

    SellNorthrop Grumman

    $3.3M

    Filed 02/10

  • Jana Partners Management

    SellMercury Systems

    $32.4M

    Filed 02/11

  • Srinivas Attili

    BuyScience Applications International

    $10.1K

    Filed 01/02

  • Julia Letlow

    BuyBoeing

    $1K–$15K

    Reported 03/12

  • Kathy J. Warden

    SellNorthrop Grumman

    $2.5M

    Filed 02/10

  • Howard E. McKenzie

    SellBoeing

    $2.5M

    Filed 02/05

  • Eric M. Demarco

    Sell10b5-1 planKratos Defense & Security Solutions

    $17.1M

    Filed 01/06

  • Kathy J. Warden

    SellNorthrop Grumman

    $1.6M

    Filed 02/10

  • Kevin G. DaSilva

    SellRTX

    $1.6M

    Filed 02/13

  • Amy L. Johnson

    SellRTX

    $1.6M

    Filed 02/10

Delegation of Authority Under Section 614(a)(2) of the Foreign Assistance Act of 1961 | Whalegun