Ministry of Foreign Affairs
The People’s Republic of China
Decision on Taking Countermeasures Against Entities and Senior Executives of Lockheed Martin Corporation
Updated: June 25, 2024 14:03

(Issued on June 21, 2024 as Decree of the Ministry of Foreign Affairs of the People’s Republic of China No.8, effective as of June 21, 2024)

Recently, the U.S. announced another arms sale to China’s Taiwan region. This seriously violates the one-China principle and the three China-U.S. Joint Communiqués, interferes in China’s internal affairs, and undermines China’s sovereignty and territorial integrity. Pursuant to Articles 3, 4, 5, 6, 9 and 15 of the Law of the People’s Republic of China on Countering Foreign Sanctions, China hereby decides to take countermeasures against the relevant entities and senior executives of Lockheed Martin Corporation:

For the entities as listed in the attached List of Targets of Countermeasures, i.e., Lockheed Martin Missile System Integration Lab, Lockheed Martin Advanced Technology Laboratories, and Lockheed Martin Ventures:

Their movable and immovable properties, and other kinds of assets within China shall be frozen.

For the senior executives as listed in the attached List of Targets of Countermeasures, i.e., James Donald Taiclet, Chairman, President and Chief Executive Officer of Lockheed Martin Corporation, Frank Andrew St. John, Chief Operating Officer, and Jesus Malave, Chief Financial Officer: 

Their movable and immovable properties, and other kinds of assets within China shall be frozen.

All organizations and individuals within China shall be prohibited from engaging in transaction, cooperation and other activities with them. 

They shall be denied visas or entry into China (including Hong Kong and Macao).

This decision shall come into force as of June 21, 2024.

Appendix: List of Targets of Countermeasures

Ministry of Foreign Affairs

June 21, 2024     

Appendix

List of Targets of Countermeasures

I. Entities

1. Lockheed Martin Missile System Integration Lab

2. Lockheed Martin Advanced Technology Laboratories

3. Lockheed Martin Ventures

II. Senior Executives

1. James Donald Taiclet, male, Chairman, President and Chief Executive Officer, Lockheed Martin Corporation

2. Frank Andrew St. John, male, Chief Operating Officer, Lockheed Martin Corporation

3. Jesus Malave, male, Chief Financial Officer, Lockheed Martin Corporation