financetom
Business
financetom
/
Business
/
US approves $385 mln arms sale for Taiwan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US approves $385 mln arms sale for Taiwan
Nov 29, 2024 7:16 PM

WASHINGTON, Nov 29 (Reuters) - The U.S. State Department

has approved the potential sale of spare parts for F-16 jets and

radars to Taiwan for an estimated $385 million, the Pentagon

said on Friday, a day before Taiwan President Lai Ching-te

starts a sensitive Pacific trip.

The United States is bound by law to provide Chinese-claimed

Taiwan with the means to defend itself despite the lack of

formal diplomatic ties between Washington and Taipei, to the

constant anger of Beijing.

Democratically governed Taiwan rejects China's claims of

sovereignty.

China has been stepping up military pressure against Taiwan,

including two rounds of war games this year, and security

sources have told Reuters that Beijing may hold more to

coincide with Lai's tour of the Pacific, which includes

stopovers in Hawaii and Guam, a U.S. territory.

The Pentagon's Defense Security Cooperation Agency said the

sale consisted of $320 million in spare parts and support for

F-16 fighters and Active Electronically Scanned Array Radars and

related equipment.

The State Department also approved the potential sale to

Taiwan of improved mobile subscriber equipment and support for

an estimated $65 million, the Pentagon said. The principal

contractor for the $65 million sale is General Dynamics ( GD ).

Last month, the United States announced a potential $2

billion arms sale package to Taiwan, including the delivery for

the first time to the island of an advanced air defense missile

system battle tested in Ukraine.

Lai leaves for Hawaii on Saturday on what is officially a

stopover on the way to Marshall Islands, Tuvalu and Palau, three

of the 12 countries that still to have formal diplomatic ties

with Taipei. He will also stop over in Guam.

Hawaii and Guam are home to major U.S. military bases.

China on Friday urged the United States to exercise "utmost

caution" in its relations with Taiwan.

The State Department said it saw no justification for what

it called a private, routine and unofficial transit by Lai to be

used as a pretext for provocation.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alibaba International Launches AI Agent for Businesses
Alibaba International Launches AI Agent for Businesses
Mar 23, 2026
10:13 AM EDT, 03/23/2026 (MT Newswires) -- Alibaba Group ( BABA ) subsidiary Alibaba International said Monday it launched AI-powered enterprise agent Accio Work that allows businesses to deploy AI to handle tasks such as compliance and sourcing. Financial details of the product were not provided. The pre-configured AI agents available in Accio Work will cover aspects of business operations...
RBC Says Nitrogen, Phosphate Prices Rise Amid Iran War
RBC Says Nitrogen, Phosphate Prices Rise Amid Iran War
Mar 23, 2026
10:14 AM EDT, 03/23/2026 (MT Newswires) -- Nitrogen and phosphate prices continued to rise due to disruptions linked to the Iran war, RBC Capital Markets said Monday. According to RBC, Oman is the only country still exporting nitrogen from the Middle East after Iran banned exports following attacks on the South Pars gas field. Meanwhile, nitrogen production in India has...
SentinelOne Launches New AI-Based Security Offerings
SentinelOne Launches New AI-Based Security Offerings
Mar 23, 2026
10:14 AM EDT, 03/23/2026 (MT Newswires) -- SentinelOne ( S ) said Monday it has launched new security offerings, covering both security for artificial intelligence and the use of AI to automate security operations. The offerings include the Prompt AI Agent Security that provides a real-time discovery and governance control plane for AI agents and agentic workflows, and the Prompt...
Insight Enterprises Appoints Jack Azagury as CEO
Insight Enterprises Appoints Jack Azagury as CEO
Mar 23, 2026
10:12 AM EDT, 03/23/2026 (MT Newswires) -- Insight Enterprises ( NSIT ) said Monday its board elected Jack Azagury to succeed Joyce Mullen as president and chief executive, effective April 13. The incoming CEO spent nearly three decades at Accenture ( ACN ) before taking on his most recent advisory roles, the company said. Mullen will remain in an advisory...
Copyright 2023-2026 - www.financetom.com All Rights Reserved