Mover Mike

The Bush administration has informed Congress of a review of the UAE acquisition of a British manufacturer of engine components for U.S. military aircraft and main battle tanks. The British firm operates nine factories, including military production facilities in Connecticut and Georgia.

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Dubai International Capital has acquired the London-based Doncasters Group for $1.2 billion. Doncasters produces engine components and turbine blades for military platforms, and its clients include Boeing, General Electric, Honeywell and Pratt and Whitney.

Dubai Doncasters economics

Doncasters makes engines for our military aircraft and parts for tanks. Their projects include the Stealth Joint Fight Striker.

In buying Doncasters, the Arab Islamist country, which also does business with Iran, takes possession of operations in nine U.S. locations and manufactures precision parts for defense contractors such as Boeing, Honeywell, Pratt & Whitney and General Electric.

Doncasters Dubai Finance