DOD supports increased scrutiny of foreign investments that could threaten defense industrial base

By Tony Bertuca / January 25, 2018 at 11:52 AM
The Defense Department supports a proposed law that would expand the scope of the Committee on Foreign Investment in the United States to allow for more detailed government reviews of business transactions, especially those involving China and emerging technologies, that could put the defense industrial base at risk. Eric Chewning, deputy assistant secretary of defense for manufacturing and industrial base policy, told the Senate Banking, Housing and Urban Affairs Committee today that DOD " strongly supports " Sen. John Cornyn's...

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