Raytheon Missiles and Defense, part of Raytheon Technologies Corp., was awarded a $412 million contract in September to upgrade Taiwanese military radar as part of a $1.1 billion package of U.S. arms sales to the island.
BEIJING — China imposed trade and investment sanctions Thursday on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory.
It wasn't clear what impact the penalties might have. The United States bars most sales of weapons-related technology to China, but some military contractors also have civilian businesses in aerospace and other markets. President Xi Jinping's government has stepped up efforts to intimidate Taiwan by flying fighter jets and bombers near the island and firing missiles into the sea.
Beijing responded to that sale by announcing sanctions against the CEOs of Raytheon and of Boeing Defense but gave no details of what they were.
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China sanctions Lockheed Martin, Raytheon for Taiwan salesBEIJING (AP) — China on Thursday imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory.
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China imposes sanctions on Lockheed Martin, Raytheon over Taiwan arms salesChina's commerce ministry on Thursday said it put Lockheed Martin Corp and Raytheon Technologies Corp onto an 'unreliable entities list' over arms sales to Taiwan, its latest sanctions against the two U.S. defense contractors.
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China sanctions Lockheed Martin, Raytheon for Taiwan salesChina on Thursday imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon
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China sanctions Lockheed Martin, Raytheon for Taiwan salesThe companies are barred from importing goods into China or making new investments in the country, the Ministry of Commerce announced.
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China sanctions Lockheed Martin, Raytheon for Taiwan salesChina on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory.
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China sanctions Lockheed Martin, Raytheon over weapons sales to TaiwanChina sanctions Lockheed Martin and Raytheon over weapons sales to Taiwan as the country continues its push to isolate the island it claims as its own.
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