The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and entities in multiple jurisdictions that procured weapons and weapons components for Iran's Ministry of Defense and Armed Forces Logistics (MODAFL), the entity responsible for weapons research, production, and acquisition for Iran's armed forces.
The action, announced September 29, 2026, was taken under Operation Economic Outcast, which Treasury said is severing the remaining economic lifelines that sustain the Iranian regime. MODAFL also oversees organizations engaged in the development of Iran's ballistic missiles and unmanned aerial vehicles (UAVs).
"Under Operation Economic Outcast, Treasury will continue to target and disrupt those who provide material, technological, or financial support that allows the Iranian regime to sustain its terrorist enterprise," said Secretary of the Treasury Scott Bessent. "Treasury will not tolerate any support to the regime and will continue to identify, expose, and isolate Iran's enablers."
OFAC acted pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their means of delivery. The State Department designated MODAFL and Iran's Islamic Revolutionary Guard Corps under the same order in October 2007 in connection with Iran's ballistic missile program.
Seyyed Asghar Alizadeh Tabatabai, a MODAFL representative in Beijing, was designated for coordinating the procurement of finished weapons systems and dual-use components in China on Iran's behalf.
Iran-based Kavoshcom Asia R and D Group procured electronics, including connectors, for Iran Aircraft Manufacturing Industrial Company, a MODAFL subordinate specializing in UAVs and military aircraft, and supplied electronics to Shahid Bakeri Industrial Group, responsible for Iran's solid-fueled ballistic missile program. Kavoshcom director Ali Fotowat Almady, Hong Kong-based EC Mojo Technology Co Limited, EC Mojo representative Li Fen, and Kavoshcom representative Parisa Lali were also designated.
Pakistan-based Waseem Pasha Tajammal, chairman of defense company Cavalier Group, and Cavalier Group act as third-party intermediaries for MODAFL, Treasury said. Tajammal is majority shareholder and chief executive officer of Pakistan-based Cavalier Dynamics Private Limited, director of Saudi Arabia-based Cavalier Dynamics for Technologies Company, and director and sole shareholder of Türkiye-based Cavalier Dynamics Teknoloji Ticaret Anonim Sirketi. OFAC acted against Cavalier Dynamics for Technologies Company in coordination with Saudi government partners.
All property and interests in property of the designated persons in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. Treasury warned that entities facilitating money laundering or sanctions evasion for Iran risk being cut off from the U.S. financial system, and emphasized secondary sanctions exposure for those continuing to do business with the Iranian regime.