PRC Sanctions US Defense Firms / Executives

Anduril ‘Ghost Shark’ extra-large autonomous undersea vehicles (XL-AUV), developed with the Australian Navy

Anduril

Posted Saturday, July 20, 2024 3:15 am

The Ministry of Foreign Affairs of the People’s Republic imposed sanctions on six US defense contractors, along with five executives in retaliation for sales to Taipei. The Executives named were from unmanned systems developers Anduril and AeroVironment.

"Recently, the U.S. announced another arms sale to China’s Taiwan region. This seriously violates the one-China principle and the three China-U.S. Joint Communiqués, interferes in China’s internal affairs, and undermines China’s sovereignty and territorial integrity. Pursuant to Articles 3, 4, 5, 6, 9 and 15 of the Law of the People’s Republic of China on Countering Foreign Sanctions, China hereby decides to take countermeasures against the following U.S. military companies and senior executives:

"For the six companies as listed in the attached List of Targets of Countermeasures: Their movable and immovable properties, and other kinds of assets within China shall be frozen.

"For the five senior executives as listed in the attached List of Targets of Countermeasures: Their movable and immovable properties, and other kinds of assets within China shall be frozen. All organizations and individuals within China shall be prohibited from engaging in transaction, cooperation and other activities with them; and they shall be denied visas or entry into China (including Hong Kong and Macao)."

Appendix: List of Targets of Countermeasures

I. Companies

1. Anduril Industries

2. Maritime Tactical Systems

3. Pacific Rim Defense

4. AEVEX Aerospace

5. LKD Aerospace

6. Summit Technologies Inc.

II. Senior Executives

1. Wahid Nawabi, male, Chairman, President and Chief Executive Officer, AeroVironment

2. Kevin McDonnell, male, Senior Vice President and Chief Financial Officer, AeroVironment

3. Brian William Schimpf, male, Chief Executive Officer, Anduril Industries

4. Matthew Marley Grimm, male, Chief Operating Officer, Anduril Industries

5. Gregory Michael Kausner, male, Senior Vice President of Global Defense, Anduril Industries

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Vol 44 No. 31 July 29, 2024

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