...

Biden administration temporarily holds some U.S. weapons exports

Business Materials 28 January 2021 00:43
Biden administration temporarily holds some U.S. weapons exports

The incoming Biden administration has temporarily paused some pending arms sales to U.S. allies in order to review them, a U.S. State Department official said, Trend reports citing Reuters.

Weapons makers such as Raytheon Technologies and Lockheed Martin have sales in the works for Saudi Arabia and the United Arab Emirates.

The hold will impact sales to the UAE and Saudi Arabia, the Wall Street Journal has reported.

Tags:
Latest

Latest