TEL AVIV: The strict U.S warning to Israel to limit ties with China has its first result as the Chinese failed to win a tender for the construction of the giant desalination plant in central Israel. The Palmahim site is in close proximity to Israel’s missile test and satellite launch facility. The Soreq 2 facility,…
By Arie Egozi“Raytheon has been executing as planned, giving us confidence in OCX’s ability to transition into operations,” Lt. Gen. John Thompson, SMC commander, said today.
By Theresa HitchensThe People’s Republic of China has taken an active interest in collaboration with Israel on innovation and technology. In 2018, bilateral trade between the countries hit a record of $15.3 billion, up from just $51.5 million in 1992 and $13.1 billion in 2017.
By Arie EgoziWASHINGTON: The European Union has taken a major step toward more effective national security screening of foreign direct investments, implementing a new “framework” for the EU. It is the beginning of a more unified approach across the vast market on a long-standing issue. Even though China is not explicitly targeted in the new document, the timing of…
By Murielle DelaporteTEL AVIV: Israel needs something like America’s Committee on Foreign Investment in the United States (CFIUS) to monitor and, when needed, curtail Chinese investment that may pose a national security threat. “Surprisingly, we don’t have a body that supervises operations of Chinese companies in Israel and that is very worrying. I hope that this will…
By Arie EgoziWith an Executive Order and a new study due soon that promises to take a hard line against Chinese imports, the Trump administration is opening a new front, while protecting the US defense industry.
By Paul McLearyWASHINGTON: As China forges ahead trying to grab the head of the technology table by throwing money, policy and people at quantum computing and artificial intelligence, the US should carefully watch what companies China invests in or tries to buy. Those were the conclusions of three of the top China and technology experts in Washington…
By Colin ClarkWASHINGTON: The dominant issue of tomorrow’s markup and the later amendment votes will not be the size of the Navy fleet, the future of the F-35, Tricare for life, or America’s strategic relationship with China. Sexual assault in the military, the hot-button issue currently leading the headlines, will dominate floor time when the defense policy…
By Colin ClarkParis and Berlin are in a bind as British-based BAE and Franco-German giant EADs, the parent company of Airbus, seek approval to merge into the world’s largest aerospace company. If the French and German governments accept the companies’ current merger terms, their ability to influence the new tri-national behemoth will be sharply diminished and they…
By Sydney J. Freedberg Jr.Paris: Any time one American defense company buys another it can trigger government review for a host of reasons, from antitrust to security concerns. When an American company financed by a foreign entity tries to buy another American company it triggers review by the Committee on Foreign Investment in the United States (CFIUS). It is…
By Colin Clark