Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Now Dubai Eyes a Key Defense Contractor
NY Sun ^ | April 12, 2006 | ELI LAKE

Posted on 04/12/2006 7:20:13 PM PDT by neverdem

CAIRO, Egypt - A confidential Treasury Department review of a United Arab Emirates firm's pending purchase of the British-based contractor that makes components for a tank used by the U.S. Army is expected to go to the White House as soon as this week, according to administration officials.

The proposed $1.2 billion deal is almost identical to Dubai Ports World's takeover of the British firm that operated American ports from Miami to New York. But in this case, the proposed buyer, Dubai International Capital, would gain control of a British company, Doncasters Group Limited, that builds the specialized turbine fan blades for the M-1 Abrams Tank, and is also a key contractor in the development of the new stealth joint strike fighter airplane.

The ruler of Dubai, Sheik Mohammed Bin Rashid Al Makhtoum, owns the majority stake in Dubai International Capital.

A British business publication, Business Online, reported last week that the Committee on Foreign Investment in the United States will conclude in its review that the deal poses no threat to national security, a move that would normally clear the way for its approval.

President Bush has 15 days after that date to object to the proposed deal. A Treasury Department spokesman yesterday said he could not comment on the confidential review.

The Dubai International Capital proposal has all the makings of an even more intense political fight than the scuttled ports deal, which ended only when Dubai Ports World agreed to sell the American ports facilities to American "entities."

Already, the Doncasters deal has attracted scrutiny from the ranking Democrat on the House Armed Services Committee, Rep. Ike Skelton of Missouri and his colleague on that panel, Rep. John Barrow, a Democrat of Georgia.

In an interview yesterday, Mr. Barrow said,"I am not against foreigners investing in this...

(Excerpt) Read more at nysun.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events; Politics/Elections; United Kingdom
KEYWORDS: doncastersgroupltd; dpworld; dubai; ports; uae
Navigation: use the links below to view more comments.
first 1-2021-38 next last

1 posted on 04/12/2006 7:20:14 PM PDT by neverdem
[ Post Reply | Private Reply | View Replies]

To: neverdem

Why don't we just tell the UAE that we want to cut off all ties with them, because we are afraid of them?


2 posted on 04/12/2006 7:22:32 PM PDT by Echo Talon
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

Is Doncasters operating in the U.S.? If not, I don't see what control the government would have over the deal.


3 posted on 04/12/2006 7:23:19 PM PDT by USNBandit (sarcasm engaged at all times)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

Call Savage and let the hysteria begin again.


4 posted on 04/12/2006 7:24:57 PM PDT by Darkwolf377 (By 2004, annual inflow of foreign-born persons was down 24% from its all-time high in 2000--PEW)
[ Post Reply | Private Reply | To 1 | View Replies]

To: USNBandit
Step 1 READ ARTICLE

Step 2 POST MY OPINION

Step 3 DON'T FORGET STEP 1

My sincerest apologies.

5 posted on 04/12/2006 7:25:16 PM PDT by USNBandit (sarcasm engaged at all times)
[ Post Reply | Private Reply | To 3 | View Replies]

To: neverdem

Here we go again. Lets all break out the political football again and see how many points we can score.


6 posted on 04/12/2006 7:30:25 PM PDT by jazusamo (-- Married a WAC in '65 and I'm still reenlisting. :-)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem
"In an interview yesterday, Mr. Barrow said,"I am not against foreigners investing in this country as long as we don't sell them something we are not supposed to sell them. But I am concerned about selling off our national security infrastructure. We are selling off the military industrial complex bit by bit.""

It’s a BRITISH firm that’s up for sale you sycophantic sellout of statesmanship!

7 posted on 04/12/2006 7:31:05 PM PDT by elfman2 (An army of amateurs doing the media's job.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: USNBandit
Dubai Redux

Doncasters has nine plants in the US. The plant in Rincon, GA makes turbine fan blades for jet and tank engines.

8 posted on 04/12/2006 7:41:52 PM PDT by Cannoneer No. 4 (When your mother taught you not to play with sharp objects, she wasn't referring to Occam's Razor.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Cannoneer No. 4

see post 5


9 posted on 04/12/2006 7:47:39 PM PDT by USNBandit (sarcasm engaged at all times)
[ Post Reply | Private Reply | To 8 | View Replies]

To: onyx

Ping


10 posted on 04/12/2006 7:51:08 PM PDT by jazusamo (-- Married a WAC in '65 and I'm still reenlisting. :-)
[ Post Reply | Private Reply | To 6 | View Replies]

To: neverdem

Let's pretend this is not a deliberate effort to obtain leverage over our military capability. BLINDERS ON! RELIGION OF PEACE! TOTALITARIAN ALLIES! (Please ignore the Sharia and slavery.)


11 posted on 04/12/2006 8:06:57 PM PDT by thoughtomator (That new ring around Uranus is courtesy of the IRS)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

Looks as though the govt of Dubai is determined to get a big piece of Americana. From port ops to national defense contracts, Dubai is apparently the jackal of all trades...especially such trades that are strategically important to our national security.

More importantly, our govt is apparently determined that the foreign govt of Dubai (a muslim country where no Jews need apply) will get a piece of something somewhere in our national defense.


12 posted on 04/13/2006 12:52:48 PM PDT by takenoprisoner (Sorry Mr. Jefferson, we forfeited the God given rights you all put to pen. We have no excuse.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Echo Talon

"Why don't we just tell the UAE that we want to cut off all ties with them, because we are afraid of them?"

You mean like they cut all ties with Israel?


13 posted on 04/13/2006 5:04:52 PM PDT by takenoprisoner (Sorry Mr. Jefferson, we forfeited the God given rights you all put to pen. We have no excuse.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: takenoprisoner

Israel, uses DPW.


14 posted on 04/13/2006 5:06:26 PM PDT by Echo Talon
[ Post Reply | Private Reply | To 13 | View Replies]

To: Echo Talon
"Israel, uses DPW."

Not according to the Jerusalem Post they don't. Has the UAE and Dubai had a change of heart regarding Israel? Methinks not, and you just may be a great deceiver til proven otherwise.

see for yourself

15 posted on 04/13/2006 5:15:46 PM PDT by takenoprisoner (Sorry Mr. Jefferson, we forfeited the God given rights you all put to pen. We have no excuse.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: takenoprisoner
Last week, Idan Ofer, the CEO of Israel’s shipping line Zim, wrote a letter to New York Senator Hillary Clinton in which he praised DPW and expressed his support for the deal. In Ofer’s words, “During our long association with Dubai Ports World we have not experienced a security issue in these ports or in any of the terminals operated by them.” He added, “We are proud to be associated with Dubai Ports World and look forward to continue working with it in the future.”

unless you think he is lying? Israpundit

16 posted on 04/13/2006 5:23:03 PM PDT by Echo Talon
[ Post Reply | Private Reply | To 15 | View Replies]

To: Echo Talon

under what flag does Mr. Zim's ships fly?


17 posted on 04/13/2006 6:23:45 PM PDT by takenoprisoner (Sorry Mr. Jefferson, we forfeited the God given rights you all put to pen. We have no excuse.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Echo Talon

the more you lie the deeper the hole dig for yourself


18 posted on 04/13/2006 6:26:46 PM PDT by takenoprisoner (Sorry Mr. Jefferson, we forfeited the God given rights you all put to pen. We have no excuse.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: takenoprisoner

Well, maybe you should get the COO of DPW Edward Binkley thrown in jail because he said so before congress.


19 posted on 04/13/2006 6:38:14 PM PDT by Echo Talon
[ Post Reply | Private Reply | To 17 | View Replies]

To: takenoprisoner
Be careful your xenophobia is showing again.
20 posted on 04/13/2006 6:39:18 PM PDT by Echo Talon
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-38 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson