US EditionSale of French Military Supplier to US Company Draws Criticism
9 Articles
9 Articles
The government is criticized for allowing the sale to an American group of a French company that manufactures fans equipped with the Rafale plane or the French nuclear submarines. Bercy assures that the state will retain a right of veto over strategic decisions.
Criticized for having validated the sale of LMB Aerospace, a Correzian manufacturer of fans for the Rafale, to an American group, the Minister of Economy Roland Lescure defended the operation, ensuring the maintenance of production in France and strategic control reinforced by the state.
Sale of French military supplier to US company draws criticism
The sale of French military supplier LMB Aerospace to an American company has ignited controversy in France and drawn criticism from across the political spectrum as the relationship between the US and EU nationals continues to come under increased scrutiny. The minister of Economy Roland Lescure confirmed the government would take a controlling stake in LMB and that the sale will not jeopardise French military sovereignty.
The passage of the Correzian SME LMB Aerospace under American flag, provokes the anger of elected, starting with the President of Region Alain Rousset. Is it justified? What are the stakes?
The Ministry of Finance has given its consent to the sale of the military equipment manufacturer, Dassault's subcontractor, to the US group. Endorsing in fact a juicy operation for Tikehau Capital, the transferring fund. But for the defense of French sovereignty, it is more worrying.
The sale of LMB Aerospace, the French flagship of defence, to an American company appears to be in contradiction with our desire for strategic sovereignty. For Marianne, Claude Revel, specialist in economic intelligence, details our current defences, and what we could improve.
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