Dubai May Partner With U.S. Firm—Halliburton’s Name Pops Up
Posted on Mar 6, 2006
N.Y. Daily News:
WASHINGTON - The White House is quietly pushing a Dubai company to “significantly restructure” and partner up with a U.S. outfit to keep the port deal from sinking, sources told the Daily News yesterday.
“It’s in the hands of the company now. ... They’re going to have to significantly restructure,” said a Republican source familiar with White House expectations.
A revamped deal to allow Dubai Ports World to take over six major U.S. ports - including Manhattan’s cruise ship terminal and Newark’s container depot - would have to be something along the lines of the Marine One contract.
British- and Italian-owned AgustaWestland had to take on Maryland-based Lockheed Martin to win the contract to build the President’s helicopter last year.