Posted on 03/03/2006 12:11:29 PM PST by Jeremiah2911
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.
"It's a standard business deal by a consortium that seeks opportunities," an official said. "But it also fits in well with Dubai's plans to create an aerospace industry."
The Committee on Foreign Investment in the United States completed a standard 30-day review and last week decided to extend the investigation for another 45 days. Dubai International is part of Dubai Holding, the third-largest shareholder in DaimlerChrysler.
(Excerpt) Read more at worldtribune.com ...
I'm sure the lefties will be thrilled it's not Haliburton.
Has this past the Kerry, Reid, Pelosi, Hillary stink test yet?
Scrappleface, right?
i was thinking the onion meself
Remember, Dubai is serving as our main base of operations in the Middle-East. The Islamofascists and the professional anti-semites on the left will do anything they can to sew enmity between the USA and UAE because that will hurt our military posture and endanger our troops in the field.
Wow! A whole brand new subject for FR discussions.
Maybe its just me, but I seeing a pattern that just isn't sitting well. It's one thing if, say, they bought 100 Pizza Hut and McDonald's franchises in the US, but port operations and now US military manufacturing?
And the hits just keep comin'...I tell ya!
The headline says it all: just as Dubai was never going to "oversee security at" or "run" American ports, neither are they going to be running any "military facilities". Deceptive inflammatory headline = Dan Rather School of Journalism.
Are British Companies all up for sale to the highest bidder?
Hmm. Reading further, that's not the case at all.
"Fool me once," etc.
I love how Republicans are all for free trade, as long as no A-rabs are buying anything.
Except here...again the Brits are selling.
Close enough.
"...Dubai is serving as our main base of operations in the Middle-East."
You real sure about that?
No terrorist, no terrorist breeding, funding, money laundering, cair financier, islamofacist, suicide bomb supporting, enabling, wahabist arabs you mean.
I love how you make a broad generalization.
Some Republicans are true capitalists in the Adam Smith-Milton Friedman sense.
Some Republicans are true mercantilists in the Adam Smith-Bail-Out-My-Bankrupt-Corporation-So-I-can-use-my-golden-parchute sense. (Airlines, banks, S&Ls, Chrysler, etc.).
Most Republicans don't have a clue what they are and don't know the difference between capitalism and mercantilism. They would want to know which group is pro-life.
The UAE aren't Wahabbists. Everything else you say could easily apply to almost all Muslim states.
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