The US Treasury Department on Tuesday sanctioned 10individuals and entities for allegedly helping Iran’s Defense Ministry procureweapons and components through networks spanning several countries.
Treasury Secretary Scott Bessent said the department wouldcontinue targeting those providing material, technological or financial supportto Tehran.
The department also targeted Iran-based Kaushkam AsiaResearch and Development, accusing it of buying electronic components for IranAircraft Manufacturing Industrial Company, which develops drones and militaryaircraft, and for Shahid Bagheri Industrial Group, which is linked to Iran’ssolid-fuel ballistic missile program.
A second network centered on Pakistan-based businessmanWasim Pasha Tajammal and his Cavalier Group.
The sanctions also covered three companies linked toTajammal: Pakistan-based Cavalier Dynamics Private Limited, Cavalier DynamicsTechnologies in Saudi Arabia and Cavalier Dynamics Technology Trading JointStock Company in Turkiye.
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