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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ3H0KI_L.jpgRaytheon and Lockheed Martin have been involved in arms sales to Taiwan for a long time, the ministry said.
China banned the two U.S. firms from carrying out import and export activities with Chinese enterprises in a bid to prevent Chinese products from being used in their military businesses.
Raytheon Missiles & Defense is a unit of Raytheon Technologies (NYSE:RTX) Corp.