by Joe Fotalattee
According to Reuters, US defense firms discussed supplying military equipment to Vietnam including helicopters and drones, a new sign that the country may reduce its reliance on Russian arms.
According to the US-ASEAN Business Council, which organized the meetings, Lockheed Martin (LMT.N), Boeing (BA.N), Raytheon (RTX.N), Textron (TXT.N), and IM Systems Group met with officials on the sidelines of the country’s first large-scale arms fair last week.
According to a Reuters source present at the weapons discussions, the Ministry of Public Security and the Ministry of National Defense was involved.
US defense companies are in talks to sell helicopters and drones to Vietnam. Vietnam hosted the country’s first international arms expo in Hanoi. Lockheed Martin, Boeing, Raytheon, and Textron are all looking to sell weapons.