Aerospace giants meet in Vietnam to discuss sales and security


Source: ca.finance.yahoo.com ca.finance.yahoo.com

Key Topics in this News Article:

News Snapshot:

This week, over 50 U.S. companies, including aerospace firms like Lockheed Martin (LMT) and SpaceX, are visiting Vietnam to discuss investment and sales opportunities in the country. The gathering is part of an annual trip put on by the US-ASEAN Business Council, an advocacy group for U.S. corporations operating in 10 Southeast Asian countries including Vietnam. Andrew Chanin, the founder and CEO of ProcureAM, a parent company for exchange traded products (ETPs), says the event signifies an important trend in the aerospace industry as the war in Ukraine looms and sanctions abound. “We've already seen the space race developing before...