Tag Archives: Lockheed Martin

China on Thursday put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over arms sales to Taiwan, banning them from imports and exports related to China in its latest sanctions against the U.S. companies. The measures come amid heightened tensions after the U.S. military shot …

Finland has chosen US defense giant Lockheed Martin’s F-35 fighters to replace ageing F/A-18 combat jets and plans to order 64 planes with weapons systems in a $9.4 billion deal, the government said on Friday. Lockheed Martin competed in a tender for the deal with Sweden’s Saab, US rival Boeing, …

U.S. President Joe Biden’s administration is preparing an overhaul of arms export policy to increase the emphasis on human rights, a departure from former President Donald Trump’s prioritization of economic benefits to U.S. defense contractors, four people familiar with the initiative said. Defense companies and activists scrutinize such policies for …

The United States will continue working with Turkish companies producing some parts of F-35 fighter jets until 2022, Turkey’s state-owned Anadolu agency quoted a Pentagon spokeswoman as saying on Wednesday. Turkey said in May it was still producing and delivering parts for the stealth jets despite being suspended from the …

The Japanese military has sought a hike in its annual budget for the eighth consecutive year in a bid to fund the purchase of US-built stealth jet fighters, interceptor missiles and other military hardware to face perceived threats from China and North Korea. Tokyo’s defense ministry budget proposal — unveiled …

Turkey’s defense minister says the delivery of the second batch of Russian S-400 missile defense systems is scheduled to begin on Tuesday. The state-run Anadolu news agency quoted Turkish Defense Minister Hulusi Akar as saying on Monday that Moscow would resume transporting parts of the advanced defense missile systems to …