NOC - China Sanctions Lockheed Martin And Northrop Grumman Concerning Arms Sales To Taiwan: Report | Benzinga
The Chinese foreign ministry reportedly said the country is set to impose sanctions against the U.S. aerospace and defense firms Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC).
The decision by China comes after it alleged that the two companies provided weapons to Taiwan, according to a report from Reuters.
The sanctions will be executed under China's Anti-Foreign Sanctions Law, ...