$1.8B Chinese Bid For Hawker Stirs Up Security Concerns

Law360, New York (July 10, 2012, 7:38 PM EDT) -- Bankrupt aircraft manufacturer Hawker Beechcraft Corp. on Monday said its takeover talks have turned to a Chinese bidder offering $1.79 billion — a move that could stoke regulators' concerns over deals in sensitive U.S. industries, such as aerospace, in China's aggressive pursuit of superpower status.

Particularly in sales that involve rival governments and companies privy to tightly held security information through their contracts — like Hawker Beechcraft, which keeps them through a defense-centric subsidiary — political anxieties can boil over.

Even though the Wichita, Kan.-based company's...
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