BETA Technologies announced the termination of its Security Control Agreement (SCA) with the U.S. Department of Defense, effective July 14, 2026. The agreement, which was in place to mitigate potential foreign ownership, control, or influence (FOCI), was deemed no longer necessary by the Defense Counterintelligence and Security Agency (DCSA).
Key Details
- Agreement Terminated: The Security Control Agreement, dated June 15, 2025, among BETA, QIA Industrials Holding, LLC, and the U.S. Department of Defense.
- Reason for Termination: The DCSA determined the SCA was no longer required as QIA Industrials Holding, LLC no longer has representation on BETA's Board of Directors.
- Effective Date: The company received notice of termination on July 14, 2026.