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WASHINGTON — The United Arab Emirates intends to operate U.S. military factories.
The Bush administration has informed Congress of a review of the UAE acquisition of a British manufacturer of engine components for U.S. military aircraft and main battle tanks. The British firm operates nine factories, including military production facilities in Connecticut and Georgia.
Officials said Dubai International Capital has acquired the London-based Doncasters Group for $1.2 billion. Doncasters produces engine components and turbine blades for military platforms, and its clients include Boeing, General Electric, Honeywell and Pratt and Whitney.
World Tribune
Originally posted by Bikereddie
Any company will sell to the highest bidder.
Originally posted by Malichai
They're buying up everything!
WASHINGTON — The United Arab Emirates intends to operate U.S. military factories.
The Bush administration has informed Congress of a review of the UAE acquisition of a British manufacturer of engine components for U.S. military aircraft and main battle tanks. The British firm operates nine factories, including military production facilities in Connecticut and Georgia.
Officials said Dubai International Capital has acquired the London-based Doncasters Group for $1.2 billion. Doncasters produces engine components and turbine blades for military platforms, and its clients include Boeing, General Electric, Honeywell and Pratt and Whitney.
World Tribune
I have mixed feeling over the port deal but this is different. We can't let our military production be outsourced. With America running on the just in time system a purposeful delay could shut down production of many vital defense systems. This is a lot more important than loading and unloading ships.
Originally posted by Malichai
They're buying up everything!