It seems after investing around $100 million in this project, Hawker-Beechcraft has been excluded from a contract, worth almost $1 billion, to build a new light air support plane.
What intrigues me is the Brazilian company Embraer, the likely contract winner, is currently under investigation by the U.S. Securities and Exchange Commission, and the Justice Department, for possible violations of the US Foreign Corrupt Practices Act...
Well, amigo, that certainly seems curious. I wonder how that might have happened?
...it seems George Soros has a connection to Embraer through Harbin-Embraer Aircraft a Chinese-Brazilian joint venture, and Hainan Airlines, which Soros owns a significant stake in.
Surely that must be a coincidence.
...[There may be] nothing sinister going on behind the scenes.
It’s troubling, however, that Hawker-Beechcraft was given no real explanation for this decision. It’s also troubling we’d buy a military aircraft from a foreign manufacturer, under any circumstances. As bad as Americans need jobs, it doesn’t make a lot of sense. Never mind the national security factor.
Hawker-Beechcraft isn't giving up.
It's still a mystery... but it's one that Hawker Beech intends to get to the bottom of... Hawker Beechcraft has confirmed that they will file a suit with the Court of Federal Claims following notification late last week that the Government Accountability Office (GAO) has declined to review its protest of the decision by the U.S. Air Force to exclude the company's Beechcraft AT-6 from the Light Air Support (LAS) competition.
The company still has no concrete reasons for the AT-6's exclusion, having been denied explanation by the US Air Force on two occasions. The LAS contract is valued at nearly $1 billion of U.S. taxpayer money and exclusion of the AT-6 could result in a de facto award to a non-U.S. company.
Hawker says that keeping the contract in the U.S. would preserve 1,400 jobs at 181 companies around the U.S.
But leave it to President Obama -- who "will not rest" until every American has a good job -- to outsource the construction of military aircraft.
Hat tip: Winter Soldier.