Reiterates that Definitive Merger Agreement For All-Cash Acquisition Includes Fully Committed Financing Backed by Leading U.S. Bank JP Morgan ChaseEmphasizes that CSG is a Significant Supplier to NATO, Has Several Companies with Top NATO Security Clearance and Works with Leading U.S. Defense CompaniesNotes that CSG Operates Ammunition Production Facilities in Arkansas and
China has imposed sanctions on five US defense industry companies. The Chinese Foreign Ministry said the retaliatory actions are in protest against the United States' latest round of arms sales to Taiwan, and U.
US is a top world defense spender and American military companies are top Washington contractors, earning billions from arms sails. The conflict in the Middle East will likely boost their profits even further, making their stock a perfect yet somewhat controversial investment.
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