China to sanction Boeing and Raytheon over arms sales to Taiwan

Asia Pacific Oct 26, 2020

China to sanction Boeing and Raytheon over arms sales to Taiwan

China will impose unspecified sanctions on the defense unit of Boeing Co., Lockheed Martin Corp., and Raytheon Technologies Corp. after the U.S. approved $1.8 billion in arms sales to Taiwan last week. The sanctions will be imposed "in order to uphold national interests,” Chinese Foreign ...

United Technologies and Raytheon poised for massive merger

Business / Corporate Jun 10, 2019

United Technologies and Raytheon poised for massive merger

Raytheon and United Technologies, two major American aeronautics and defense groups, are poised to announce as early this week plans for a massive merger, according to U.S. media. The Wall Street Journal revealed on Saturday, citing an anonymous source, that talks have been underway between ...

U.S. missile defense systems gaining against Kim's ICBM threat: GAO

Business May 31, 2018

U.S. missile defense systems gaining against Kim's ICBM threat: GAO

The U.S. network of ground-based interceptors intended to defend against an intercontinental ballistic missile fired from North Korea "achieved a number of major accomplishments" in 2017, according to the General Accountability Office. The system managed by Boeing Co. conducted its first successful flight test of ...