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Market
Top U.S. aerospace company for international sales growth by Q4 2024?
3
Biden•Australia•Canada•UK•Commerce Department•Reuters•Northrop Grumman•Lockheed Martin•Boeing•Virgin Galactic
Resolution / Starting Odds
Northrop Grumman • 25%
Lockheed Martin • 25%
Boeing • 25%
Virgin Galactic • 25%
Q4 2024 earnings reports of the respective companies
Story
Biden Eases Export Controls on U.S. Space Companies to Australia, Canada, UK
Oct 17, 2024, 08:31 PM
The Biden administration has announced plans to ease export controls on U.S. space companies, allowing them to ship satellite and spacecraft-related items to allies. This move includes easing restrictions on remote sensing spacecraft and space-based logistics assembly, specifically for shipment to countries such as Australia, Canada, and the UK. The Commerce Department will remove certain license requirements for these exports, potentially boosting sales and international business for U.S. aerospace companies. This policy change, reported by Reuters, is expected to benefit companies like Northrop Grumman, Lockheed Martin, Boeing, and Virgin Galactic.
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