L3Harris Unit, MP Materials, 8 Other US Firms Added to China's Export Control List

MT Newswires Live06-23 00:42

L3Harris Technologies' (LHX) L3Harris Maritime Services subsidiary, MP Materials (MP), and eight other US companies were included in China's export control list, effective immediately, according to a Google-translated statement from the country's Ministry of Commerce on Monday.

The list also includes Oshkosh's (OSK) Oshkosh Defense unit, USA Rare Earth (USAR), Red Cat (RCAT), BAE Systems division, Teal Drones, Aveox, IMSAR, and Jaia Robotics.

Chinese firms are prohibited from exporting dual-use items to the listed entities unless granted an exception by the Ministry of Commerce, according to the statement.

Price: 285.74, Change: -9.08, Percent Change: -3.08

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