Posted on 03/16/2006 9:05:53 PM PST by Yaakov The Orator
The U.S. government seems to have Dubai fixed firmly in its crosshairs.
First it was DP World and its efforts to take over operations of six American East Coast ports as part of its acquisition of Britain's P&O, which operates port facilities around the world.
Today, it's Dubai International Capital and its $1.2 billion acquisition of Britain's Doncasters Group, which makes components for military planes and helicopters and has plants in Georgia, Connecticut and other U.S. states. The Dubai-based private equity firm announced in December that it intended to acquire Doncasters and its manufacturing operations in Britain, the U.S. and Mexico. Its customers include General Electric (nyse: GE - news - people ), Rolls Royce and the Pratt & Whitney unit of United Technologies (nyse: UTX - news - people )--all large manufacturers of jet engines and components.
(Excerpt) Read more at forbes.com ...
I remember reading about the "explosive forming" or whatever they called it, looks pretty intense! LOL looks like they use it for large round disks to make domes and such.
no doubt! Kennedy toolbox is good enough for me, i'm pretty tough on them and don't want to spend to much.
yep, something thet are looking at im sure.
Pratt & Whitney F135 engine
We gave away our manufacturing base, outsourced everything but the kitchen sink. Now Dubai wants to buy a faucet.
Gee... the fact that the machine shop produces militarily sensitive parts, likely using proprietary military technology.
I'm starting to view you as less of an apologist, and more of an outright agitator/conspirator.
Let them buy it all. When we have no control over our own fate, then we see how bad these deals were.
just like the brits could have done whatever they wanted.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.