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-Caveat Lector- Dubai military supplier under U.S. probe
By UNITED PRESS INTERNATIONAL
Published March 2, 2006
WASHINGTON -- Amid the outcry over a Dubai company managing U.S. ports, the Bush administration has ordered a review of a Dubai precision military supplier.
In a striking similarity to the port management acquisition, the Committee on Foreign Investment in the United States is investigating the security implications of Dubai International Capital's $1.2 billion acquisition of London-based Doncasters Group Ltd., which makes precision components used in engines for military aircraft and tanks, The Washington Post reported Thursday.
As well, CFIUS is examining an Israeli company's plans to buy the Maryland software security firm Sourcefire, which does business with Defense Department agencies.
There is bipartisan opposition to the administration's approval last month of a $6.8 billion deal to allow Dubai Ports World based in the United Arab Emirates to manage operations at six U.S. seaports from a British company.
Last weekend, the company agreed to a 45-day investigation to allay concerns of a possible breach of U.S. port security.
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