Raytheon

Go First asked for compensation for the malfunctioning engines that resulted in business losses, PW refused to pay the money, which resulted in a violation of the contractual agreement

Washington contended that the balloon was spying and shot it down, while China claims it was a civilian airship collecting weather data that went off course

Previous sanctions by China have restricted people from entering China, Hong Kong or Macau, or doing business there, measures that would likely have little effect on Colbert or Hayes

Defence Minister Rajnath Singh has met senior executives of American aerospace and defence majors Boeing and Raytheon and asked them to take advantage of policy initiatives in India to steadily march from Make in India' towards Make for the World'. Singh along with External Affairs Minister S Jaishankar arrived in the US capital on Sunday to attend the India-US 2+2 ministerial dialogue in Washington on Monday - the first under the Biden administration. "Raksha Mantri Shri @rajnathsingh met with the US aerospace & defence majors Boeing and Raytheon after reaching Washington DC. He exhorted the companies to take advantage of policy initiatives in India to steadily march from Make in India' towards Make for the World', " the Defence Ministry tweeted on Monday. US Secretary of State Antony Blinken and Defence Secretary Lloyd Austin will host Jaishankar and Singh for the 2+2 ministerial on Monday. To be held under the shadow of the Ukrainian crisis, the 2+2 ministerial is reflective of

China said it will impose new sanctions on Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan

Lockheed's Chief Executive said the acquisition would have improved efficiency, speed and cut costs for the US government, but that terminating the agreement was in its stakeholders' best interest

The action follows the State Department's approval last week of $1.8 billion in new weapons for Taiwan and submission of the package to Congress for a final review

While the Harpoon missiles will be manufactured by Boeing, the torpedoes would be supplied by Raytheon

According to the newspaper the two companies -- which together have a market value of roughly $166 billion -- could announce an all-stock deal in the next few days