Wholesale sale of America
U.S. Reviewing 2nd Dubai Firm
Israeli Deal Also Faces Security Check
By Jonathan Weisman and Susan Schmidt
Washington Post Staff Writers
Thursday, March 2, 2006; Page A01
The Bush administration, stung by the public outcry over the Dubai port deal, has launched a national security investigation of another Dubai-owned company set to take over plants in Georgia and Connecticut that make precision components used in engines for military aircraft and tanks.
The administration notified congressional committees this week that its secretive Committee on Foreign Investment in the United States (CFIUS) is investigating the security implications of Dubai International Capital's $1.2 billion acquisition of London-based Doncasters Group Ltd., which has subsidiaries in the United States. It is also investigating an Israeli company's plans to buy the Maryland software security firm Sourcefire, which does business with Defense Department agencies.