Raytheon makes out like a bandit in Taiwan
There was nothing new in the first arms package released by the Trump administration that Taiwan did not already have in its inventory, beyond some configuration packages. The biggest winner of the programme, however, was Raytheon, which scooped up the entire $1.34 billion package announced by the US Defence Security Cooperation Agency on 29 June.
Though the programme is largely focused on naval items, the timing of the US announcement is sending an ‘unpleasant signal’ to China, said Ching Chang, a former Taiwanese naval officer and a research fellow of the Taipei-based Society for Strategic Studies.
The announcement came as
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