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To: RegulatorCountry
There is nothing that the USA can do about the acquisition of one foreign company by another. IMO, th hough, the existing contract(s) can and should be declared null and void due to national security concerns. These contracts should then be awarded to a firm which has been properly vetted vis a vis national security requirements.
17 posted on 02/20/2006 5:57:44 PM PST by Mad_Tom_Rackham (A Liberal: One who demands half of your pie, because he didn't bake one.)
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To: Mad_Tom_Rackham

"IMO, though, the existing contract(s) can and should be declared null and void due to national security concerns."

What about physical assets owned by the company?


21 posted on 02/20/2006 6:04:00 PM PST by BeHoldAPaleHorse (Tagline deleted at request of moderator.)
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To: Mad_Tom_Rackham

What firm would that be?


27 posted on 02/20/2006 6:12:50 PM PST by Cannoneer No. 4 (Our enemies act on ecstatic revelations from their god. We act on the advice of lawyers.)
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To: Mad_Tom_Rackham
There is nothing that the USA can do about the acquisition of one foreign company by another. IMO, th hough, the existing contract(s) can and should be declared null and void due to national security concerns. These contracts should then be awarded to a firm which has been properly vetted vis a vis national security requirements.

There may not be another firm to award the contract to. I read on another thread that the only other companies that could have bid on this contract are from Hong Kong and Singapore, and that they declined to place bids. No American firm offered a bid. If this is so, what are we going to do, force a US company to take over the physical assets and contractual obligations of the British company?

This may be a case of only a very small numer of companies being able to do this kind of work, sort of like Halliburton in their field. I'd have to research this to see if it's the case.

40 posted on 02/20/2006 6:45:00 PM PST by CFC__VRWC ("Anytime a liberal squeals in outrage, an angel gets its wings!" - gidget7)
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