US State Department approves possible $8 billion fighter jet sale to Taiwan [CNBC]
Lockheed Martin Corporation (LMT)
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Source: CNBC
US State Department approves possible $8 billion fighter jet sale to Taiwan U.S. Air Force F-16 Fighting Falcon fighter jets, manufactured by Lockheed Martin Corp., taxi on the tarmac during the Max Thunder Air Exercise, a bilateral training exercise between the South Korean and U.S. Air Force, at a U.S. air base in Gunsan, South Korea, on Thursday, April 20, 2017. SeongJoon Cho | Bloomberg | Getty Images The Taiwan, The potential deal is for 66 aircraft, 75 General Electric China Beijing Senate Foreign Relations Committee Chairman Jim Risch, a Republican, has welcomed the proposed sale of the Lockheed Martin Corp F-16 jets. "These fighters are critical to improving Taiwan's ability to defend its sovereign airspace, which is under increasing pressure from the People's Republic of China," he said in a recent statement. Secretary of State Pompeo told Fox News the sale was "consistent with past U.S. policy" and that the United States was "simply following through on the commitments we
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