In a statement the US Department of Defense said, the State Department has approved the potential sale of up to 8 F-16 fighter planes and related equipment to Bulgaria, in a deal valued at $1.673 billion. The principal contractor for… Read More ›
DoD
Trump Administration bolster ban on U.S. investors funding Chinese military modernization
In a statement the White House said, U.S. President Donald Trump has signed an executive order which further strengthens the November ban on U.S. investments in companies which are allegedly controlled or owned by the Chinese military curbing their access… Read More ›
Trump Administration bolsters executive order barring U.S. investment in Chinese companies
In a significant development, the Trump administration has further bolstered an executive order barring U.S. investors from purchasing securities of Chinese military-controlled companies. There is some disagreement among U.S. agencies on how tough to make the directive. In a statement,… Read More ›
S&P Dow Jones Indices delists Chinese-military backed companies
On Thursday, in a significant development, S&P Dow Jones Indices said it would delist Chinese companies including Hikvision from its products, becoming the latest stock exchange to do so following the U.S. Administration ordering restrictions on the purchase of their… Read More ›
Washington bans 4 more Chinese companies from accessing U.S. investor funds
According to sources familiar with the matter at hand, the United States is slated to designate four more Chinese companies as being backed by China’s military thus curbing their access to U.S. investor funds. The previously unreported designations of the… Read More ›
Trump Administration bans U.S. investments in Chinese companies owned/controlled by Chinese military
In a significant development, the Trump Administration has passed an executive order which prohibits U.S. investments in Chinese companies, which are owned or controlled by the Chinese military. The executive order is likely to impact some of China biggest companies,… Read More ›
Boeing wins $500 million U.S. defense contract
Boeing has won a defense contract pertaining to Qatar’s air force. According to a statement from the Pentagon, Boeing Co has won a $500 million contract for providing an aircrew for F-15QA fighter jet as well as for a maintenance… Read More ›
Pentagon diversifying sourcing of rare earths
Pruning the sully of rare earth to the United States is China’s only weapon against the United States in the ongoing U.S.-China trade war. In a significant development that marks a strategic shift in the sourcing of rate earth minerals,… Read More ›
Raytheon wins $2.87 billion defense contract from Pentagon
The contract is for providing support services for the U.S. army and DOD customers for live, virtual and constructive training domains. The Pentagon stated that Raytheon Co has won a $2.87 billion contract for providing support services for the U.S…. Read More ›
Lockheed Martin’s CH-53K King Stallion helicopters gets approved by the Pentagon
The $27 billion program will help the Marine Corps for its field logistics. Lockheed Martin Corp has received approval from the Pentagon to begin the production of 200 new heavy cargo helicopters for the U.S. Marines, said the U.S. Department… Read More ›
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