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Not the First Time Lockheed Martin, Raytheon Have Been Targeted Over Taiwan Sales

POLITICAL RISK

The specific measures against Raytheon and Lockheed Martin:

  • Due to arms sales to Taiwan, Raytheon and Lockheed Martin will be barred from making onshore investments in China and are excluded from all exports and imports to and from China.
  • The companies will be fined twice the value of the contracted arms sales to Taiwan
  • This isn't the first time these companies have been targeted: in February 2022 and October 2020 both companies were the target of trade sanctions, to which Lockheed Martin confirmed they have limited presence in the country.
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