Arrow Electronics says its units to be removed from U.S. restricted entity list

[Blacklist]
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Arrow Electronics (NYSE:ARW [https://seekingalpha.com/symbol/ARW]) on Saturday said its affiliates would be removed from a U.S. Commerce Department blacklist that targeted firms that the U.S. says provided illicit support to Iran's military and its proxies.

The U.S. government last week expanded the Commerce Department’s Bureau of Industry and Security (BIS) restricted entity list. Some of Arrow's (NYSE:ARW [https://seekingalpha.com/symbol/ARW]) affiliates had been named in that list.

"We have received official communication from the U.S. Commerce Department, Bureau of Industry and Security (BIS) that the company’s affiliates – including Arrow (China) Electronics Trading Co., Ltd., Arrow/Components Agent Ltd., and Arrow Asia Pac Ltd. – will be removed from BIS’s October 8, 2025, additions to the Entity List," a company spokesman told Seeking Alpha in an emailed statement.

"Because formal removal requires publication in the Federal Register, BIS has issued a letter granting Arrow Electronics authorization to resume transactions with these entities in advance of that publication," the Centennial, Colo.-based chip distributor added.

The BIS' entity list specifically targets companies facilitating the purchase of American electronic components found in weaponized drones used by groups like the Houthi and Hamas militants.

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