Hawker Sale To China Risks Military Secrets, Union Says

Law360, New York (July 16, 2012, 8:29 PM EDT) -- A labor union on Monday objected to the bankruptcy sale of Hawker Beechcraft Inc.'s civilian aviation assets to a little-known Chinese bidder, warning that the deal could give China access to protected military technology and would zap retirement benefits for thousands of workers.

The Machinists union, which represents about 100,000 employees, said the possible sale of Hawker Beechcraft's commercial assets to Superior Aviation Beijing Co. Ltd., which emerged last week as the surprise leading bidder, has “broad implications for the U.S. economy and national security.”...
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