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A Lockheed Martin Corp. subsidiary on Friday landed a $1.2 billion U.S. Navy contract modification for Trident II missile production and deployment systems...

U.S. Slows Arms Sales to Saudi Arabia, U.A.E. for Review Bloomberg 1/28/2021 © Photographer: Mark Wilson/Getty Images F-35B Lightning fighter jet (Bloomberg) -- The U.S. put a temporary hold on some of its largest pending arms sales, including a Trump administration effort to sell F-35 jets to the United Arab Emirates and smart bombs to Saudi Arabia, according to a State Department official. The department is pausing the implementation of these agreements and others to allow the new Biden administration an opportunity to determine whether they meet current U.S. objectives, said the offic...