China Sanctions US Defense-Linked Firms, Executives
China announced sanctions this week on three U.S. companies that supply the defense industry -- Edge Autonomy, Huntington Ingalls Industries and Skydio -- along with 10 defense industry executives for their ties to arms sales to Taiwan, according to an…
unofficial translation of a notice from the country’s Ministry of Foreign Affairs. The designations target employees from those three firms along with Sierra Nevada, Lockheed Martin, Northrop Grumman and other defense companies. The ministry said the sanctions freeze their assets in China, and people and entities in China are blocked from “conducting relevant transactions” with them.