Submarines, US Deal

takeover of a supplier of secret tech to nuclear submarines. Intelligence
sources said that Kwasi Kwarteng, the Business Secretary, will jeopardise
future partnerships between the two countries if he blocks the £2.6bn sale of
Ultra Electronics to Boston-based private equity business Advent International.
They accused Mr Kwarteng of unfairly discriminating against US companies after
he ordered a national security investigation into the takeover of Ultra, which
makes military communications equipment including highly classified kit for
Trident nuclear submarines.



 



Telegraph 27th
May 2022



https://www.telegraph.co.uk/business/2022/05/27/us-threatens-limit-intelligence-cooperation-row-britains-secret/