China sanctions 20 US defense companies and 10 executives over massive arms sales to Taiwan [Yahoo! Finance Canada]
Northrop Grumman Corporation (NOC)
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Source: Yahoo! Finance Canada
The sanctions entail freezing the companies' assets in China and banning individuals and organizations from dealing with them, according to the Chinese foreign ministry. The companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services and Boeing in St. Louis, while defense firm Anduril Industries founder Palmer Luckey is one of the executives sanctioned, who can no longer do business in China and are barred from entering the country. Their assets in the East Asian country have also been frozen. The announcement of the U.S. arms-sale package, valued at more than $10 billion, has drawn an angry response from China, which claims Taiwan as its own and says it must come under its control. If approved by the American Congress, it would be the largest-ever U.S. weapons package to the self-ruled territory. “We stress once again that the Taiwan question is at the very core of China's core interests and the first red line that must not be crossed in China-U.S. rel
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News
- China is going after US defense firms and execs over weapons sales to Taiwan — and Palmer Luckey's on the list [Business Insider]Business Insider
- China hits 20 U.S. firms with sanctions over Taiwan arms sales [Seeking Alpha]Seeking Alpha
- Northrop Grumman (NYSE:NOC) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- RTX Clinches a $1.7B Deal to Provide Four Patriot Missiles to Spain [Yahoo! Finance]Yahoo! Finance
- Northrop Grumman Corp. (NOC) Secures $100M Missile Weapon System Contract as Analyst Optimism Grows [Yahoo! Finance]Yahoo! Finance
NOC
Earnings
- 10/22/25 - Beat
NOC
Sec Filings
- 12/11/25 - Form 4
- 12/9/25 - Form 144
- 12/8/25 - Form 4
- NOC's page on the SEC website