Thread: China To Purchase The US Navy's Only Nuclear Fuel Provider?

If the rumors are true, PetroChina, a Chinese “Government Controlled Entity” (pdf), is on the verge of buying McDermott International, a company that, as I understand things, is the U.S. Navy’s sole provider of nuclear fuel and nuclear fuel assemblies.

McDermott, a Panama “based” corporate tax-avoider, also manages the U.S. Strategic Petroleum Reserve. (along with a lot of other critical national defense infrastructure).

http://blog.usni.org/?p=2352

I wonder if we'll see legislative protests similar to Dubai Ports, LTD's attempted purchase of a US port and the CNOCC's purchase of a US oil company a couple of years ago?