Israel, Pressed By US, Blocks First Big Chinese Deal

Israel, Pressed By US, Blocks First Big Chinese Deal
Israel, Pressed By US, Blocks First Big Chinese Deal

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,…

Raytheon Gets OK, $378M To Replace Risky OCX Hardware

Raytheon Gets OK, $378M To Replace Risky OCX Hardware
Raytheon Gets OK, $378M To Replace Risky OCX Hardware

“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.

Israelis Create Foreign Investment Overseer; China Targeted

Israelis Create Foreign Investment Overseer; China Targeted
Israelis Create Foreign Investment Overseer; China Targeted

The 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.

Europe Moves To Better Monitor Foreign Investments, Sort Of A CFIUS

Europe Moves To Better Monitor Foreign Investments, Sort Of A CFIUS
Europe Moves To Better Monitor Foreign Investments, Sort Of A CFIUS

WASHINGTON: 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…

Israeli Worries About Chinese Investment Spark Calls For Closer Scrutiny

Israeli Worries About Chinese Investment Spark Calls For Closer Scrutiny
Israeli Worries About Chinese Investment Spark Calls For Closer Scrutiny

TEL 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…

DoD, White House Likely To Fight Chinese Monopoly on Rare Earth Minerals

DoD, White House Likely To Fight Chinese Monopoly on Rare Earth Minerals
DoD, White House Likely To Fight Chinese Monopoly on Rare Earth Minerals

With 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.

Tighten Monitoring Of Chinese Investments, Experts Tell HASC

Tighten Monitoring Of Chinese Investments, Experts Tell HASC
Tighten Monitoring Of Chinese Investments, Experts Tell HASC

WASHINGTON:  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…

Sexual Assault, LCS, Markups And Chinese Pork

Sexual Assault, LCS, Markups And Chinese Pork
Sexual Assault, LCS, Markups And Chinese Pork

WASHINGTON: 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…

BAE-EADS Merger Lives Or Dies On French, Germans Learning To Let Go

Paris 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…

Interview with Sean O’Keefe, CEO of EADS North America

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…