WSJ: Security contractor Erik Prince is in talks to acquire Ukraine’s Motor Sich | Unian

Erik Prince, an informal adviser to the president and private security contractor, is discussing the purchase of Motor Sich, a Ukrainian aerospace manufacturer that the U.S. is trying to prevent China from buying. The Trump administration has spoken to Mr. Prince and at least one other potential buyer.  In recent weeks, Mr. Prince has visited the company’s main plant.

Motor Sich is a leading maker of airplane and helicopter engines.  The U.S. wants to prevent its pending sale to a group of Chinese companies to keep Beijing from acquiring vital defense technology.

Source: https://www.unian.info