BRIEF-Vietnam's Vingroup says Q1 net profit drops 54 pct y/y
* Says Q1 net profit drops 54 percent y/y to 593 billion dong ($26.1 million) Further company coverage:
(Adds details of sale and review period)
By Patricia Zengerle
WASHINGTON, March 29 President Donald Trump's administration has informed Congress of its plan to pursue the $5 billion sale to Bahrain of 19 Lockheed Martin F-16 aircraft and related equipment, which was held up last year by concerns about human rights, a congressional source said on Wednesday.
The State Department originally notified Congress of the sale last September during President Barack Obama's administration. It was pulled back because of concerns that Bahrain had not made promised improvements to its human rights record.
The Trump administration has separated the human rights issues from the transfer, the source said.
Members of Congress were not immediately available to comment on whether they would object to the sale over human rights concerns this time.
The $4.867 billion sale includes the aircraft, 23 engines, radars and other avionics, air-to-air and air-to-ground ordnance and related equipment.
The latest notice sent to Congress provides for 40 days of additional congressional review, then a formal notice to Congress as required by the Arms Export Control Act, after which the licenses for the sale would be approved.
Lockheed Martin declined comment.
(Reporting by Patricia Zengerle; Additional reporting by Mike Stone; Editing by Peter Cooney)
SAN FRANCISCO, April 28 Amazon.com Inc's ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus.