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Thursday, May 08, 2008

DRS to Sell to Italians - Where's the Outrage?

Dubai wants to buy a shipping company with ports in the U.S. and Congress is outraged at "selling our security" out to foreigners. It will be interesting to see if we get a similar reaction when Italian defense firm Finmeccanica is trying to buy DRS Technologies, whose command, control and intelligence systems are far more sensitive to U.S. defense than the previous Dubai ports deal.