U.S. sells more defense wares abroad than it buys overseas

Article Abstract:

The Government Accountability Office (GAO) has revealed that the US Department of Defense (DOD) sells far more goods abroad than it purchases from foreign defense contractors. The GAO report has come as one more element of a year-long debate in Congress as to whether the DOD should buy its defense wares from foreign suppliers or stick on to buy American policy.

Foreign trade, International trade, United States. Department of Defense, Defense contracts, Government contract, Defence contracts

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DP World won't be the last defense takeover controversy

Article Abstract:

Democrats and Republicans on both House and Senate have voiced their outrage over the Middle Eastern firm taking control over the six major US ports. The controversies over foreign companies buying the major defense companies of the US are discussed.

Acquisitions & mergers, Marine cargo handling, United Arab Emirates, Stevedoring, Mergers, acquisitions and divestments, Company acquisition/merger, International aspects, Marine cargo handling industry, Dubai Ports World

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