Index Investing News
Monday, May 11, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

US approves $2 billion arms sale to Taiwan together with Ukraine examined missile system By Reuters

by Index Investing News
October 26, 2024
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


By Mike Stone and Ben Blanchard

WASHINGTON/TAIPEI (Reuters) -America has authorized a possible $2 billion arms sale bundle to Taiwan, the Pentagon stated on Friday, together with the supply for the primary time to the island of a sophisticated air protection missile system battle examined in Ukraine.

America is certain by legislation to offer Chinese language-claimed Taiwan with the means to defend itself regardless of the dearth of formal diplomatic ties, to the fixed anger of Beijing.

China has been stepping up army strain towards Taiwan, together with holding a brand new spherical of conflict video games across the island final week, the second time it has accomplished so since Lai Ching-te took workplace as Taiwan’s president in Might.

The Pentagon’s Protection Safety Cooperation Company stated the brand new sale consisted of $1.16 billion in missile techniques and radar techniques price an estimated $828 million. The principal contractor for the missile system will likely be RTX Corp, the Pentagon stated.

“This proposed sale serves U.S. nationwide, financial, and safety pursuits by supporting the recipient’s persevering with efforts to modernize its armed forces and to keep up a reputable defensive functionality,” it stated in an announcement.

“The proposed sale will assist enhance the safety of the recipient and help in sustaining political stability, army stability, and financial progress within the area.”

The missile system sale is for 3 Nationwide Superior Floor-to-Air Missile System (NASAMS) medium-range air protection options that features the superior AMRAAM Prolonged Vary floor to air missiles, it added.

The NASAMS system has been battle examined in Ukraine and represents a major improve in air protection capabilities that the US is exporting to Taiwan as demand for the system surges.

A U.S. authorities supply informed Reuters on situation of anonymity that NASAMS was a brand new weapon for Taiwan, with Australia and Indonesia the one others within the area presently working it.

Taiwan’s protection ministry welcomed the announcement, noting the “confirmed” use of NASAMS in Ukraine and saying it could assist Taiwan’s air protection capabilities within the face of China’s frequent army maneuvers.

Taiwan’s army is bolstering its armaments to have the ability to higher face any assault from China, together with constructing its personal submarines to defend very important maritime provide traces.

China detests Lai as a “separatist” and has rebuffed his repeated requires talks. Lai rejects Beijing’s sovereignty claims saying solely Taiwan’s folks can determine their future.

China’s authorities on Saturday saved up its assaults on Lai, denouncing feedback he made on Friday on a delicate frontline island about how no “exterior drive” can change Taiwan’s future.

“There could be no future for ‘Taiwan independence’. The way forward for Taiwan lies within the full reunification of the motherland,” China’s Taiwan Affairs Workplace stated in an announcement.





Source link

Tags: ApprovesarmsBillionIncludingMissileReutersSaleSystemTaiwanTestedUkraine
ShareTweetShareShare
Previous Post

Ski-In Townhome at The Ridge in Canyons Village, Park Metropolis, UT

Next Post

CeeDee Lamb has two-word response to Troy Aikman’s criticism

Related Posts

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

by Index Investing News
May 11, 2026
0

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire...

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

by Index Investing News
May 7, 2026
0

The S&P 500 dividend yield just hit an all-time low of 1.08%, the lowest since the 1800s. The prior low...

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

by Index Investing News
April 29, 2026
0

By Kamal Choudhury and Christy Santhosh April 29 (Reuters) - on Wednesday reported better-than-expected quarterly revenue and profit, fueled by...

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

by Index Investing News
May 3, 2026
0

10 years doesn’t sound like much. It’s the gap between graduating high school and turning 28. It’s the decade most...

Friday File:  Everything’s OK Now?

Friday File: Everything’s OK Now?

by Index Investing News
April 25, 2026
0

The good news?  Looks like the market has decided that the war is over, and everything will get back to...

Next Post
CeeDee Lamb has two-word response to Troy Aikman’s criticism

CeeDee Lamb has two-word response to Troy Aikman’s criticism

New York probing legality of Capital One-Uncover merger By Reuters

New York probing legality of Capital One-Uncover merger By Reuters

RECOMMENDED

IRS prepares for an increase in crypto cases in the upcoming tax season

IRS prepares for an increase in crypto cases in the upcoming tax season

November 4, 2022
Exclusive-The global supply trail that leads to Russia’s killer drones By Reuters

Exclusive-The global supply trail that leads to Russia’s killer drones By Reuters

December 15, 2022
2024 Microcap Shares Checklist | See The ten Greatest Microcap Shares Now

2024 Microcap Shares Checklist | See The ten Greatest Microcap Shares Now

December 20, 2024
The passing on of Dr Essop Pahad, former minister in the Presidency

The passing on of Dr Essop Pahad, former minister in the Presidency

July 8, 2023
Joe Biden’s disastrous legacy of crime at house and conflict overseas on full show in his closing UN speech

Joe Biden’s disastrous legacy of crime at house and conflict overseas on full show in his closing UN speech

September 25, 2024
ICRA assigns AA+ rating to Adani Ports on strong business profile

ICRA assigns AA+ rating to Adani Ports on strong business profile

December 28, 2023
‘I’m Going to F–k You to Make You Realize You Aren’t Gay’

‘I’m Going to F–k You to Make You Realize You Aren’t Gay’

June 3, 2023
What may Kamala Harris as president imply for banking coverage? By Investing.com

What may Kamala Harris as president imply for banking coverage? By Investing.com

August 17, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In