We are not at war with the French, but we are at war with Arab muslim terrorists, whom the government of Dubai openly and proudly support. And the company that has the contract now is from GB, America's greatest and closest ally on earth.
I think if you look into this thing a little more deeply you'll be appalled too. The company that gets this job will be working hand-in-hand with the U.S. Coast Guard security operations, and hence will be aware of our national port security procedures. They will be responsible for the hiring of civilian port security personnel and dock workers. This is not good.
Even if it was a good idea, the Bush Admin doesn't have the PR to sell it. And that's the bottom line.