BEIJING (Sputnik) – China has imposed sanctions against the US military-industrial company Lockheed Martin over the sale of weapons to Taiwan, the Chinese Foreign Ministry said on Friday.
China has decided to take countermeasures against the relevant departments and top management of Lockheed Martin due to the recent approval of a potential $60.2 million sale of Switchblade 300 Anti-Personnel and Anti-Armor Loitering Missile Systems and a $300 million sale of ALTIUS 600M-V Unmanned Aerial Vehicles to Taiwan by the US State Department.
The sanctions target Lockheed Martin’s Missile System Integration Lab, Advanced Technology Laboratories, and Ventures, as well as top executives. The sanctioned individuals and companies will have their assets frozen in China and will be barred from entering the country.
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