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BEIJING (AP) — China on Thursday announced rare sanctions against two U.S. defense companies over what it called their support for arms sales to Taiwan, the self-governing island democracy Beijing claims as its own territory to be recovered by force if necessary. The announcement freezes the assets of General Atomics Aeronautical Systems and General Dynamics […]

The announcement freezes the assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China. It also bars the companies management from entering the country.

“On their aircraft and their ground units, they'll be able to talk directly to us with Link 16 to our Tranche 0 satellites that are on orbit now," Derek Tournear said at the 2024 Space Symposium.

China has announced rare sanctions against two U.S. defense companies over what it calls their support for arms sales to Taiwan.

China on Thursday announced sanctions against two US defense companies over what it says is their support for arms sales to Taiwan, the self-governing island democracy Beijing claims as its own territory to be recovered by force if necessary. The announcement freezes the assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China. The measure also bars the companies' management from entering the country, The Associated Press reported.

(WHTM) — April 11 is National Submarine Day, commemorating the day in 1900 that the U.S. Navy purchased the U.S.S. Holland, their first practical submarine. The key term here is “practical.” The U.S. Navy owned three submarines before Holland. In the 1860s, during the Civil War, the Union Navy had the U.S.S. Alligator, a 47-foot-long […]

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China has announced rare sanctions against two U.S. defense companies over what it calls their support for arms sales to Taiwan.

Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March