I don't think that works when the companies aren't in the U.S.
>the Pentagon relied on one production line for key chips, and that production line, owned by Abu Dhabi-controlled Global Foundries, just sold it off to a firm that will shut it down.
>the Pentagon relied on one production line for key chips, and that production line, owned by Abu Dhabi-controlled Global Foundries, just sold it off to a firm that will shut it down.
In any event, the Defense Production Act does not have an exception if the business is foreign-owned. The President's powers are very broad. The scenario described in TFA is exactly why the Defense Production Act exists, and I am also curious to know why it wouldn't be invoked in this case.
Considering that the factory itself is in the US, it seems pretty absurd that it wasn’t taken over. Like do we ground all our B2s if we run out of spare parts and nobody is around to make them? Insane.