Raytheon Among 15 US Cos. Sanctioned By Iran
Law360, Washington (March 27, 2017, 7:07 PM EDT) -- Iran hit Raytheon Co., United Technologies Corp. and 13 other U.S. companies with sanctions on Sunday for “propping up the Zionist regime” of Israel, according to Iranian state media, retaliating against U.S.-imposed penalties on entities accused of aiding Iran’s missile program.
Iran’s Foreign Ministry railed against the U.S. Department of State’s decision to impose sanctions on 11 individuals and entities that allegedly transferred “sensitive items” bound for the Iranian missile program, the Islamic Republic News Agency reported.
“Imposition of new sanctions by the U.S. is based on fabricated and illegitimate pretexts and amount to an action against the international regulations as...
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