Possible Westinghouse Bankruptcy Could Threaten National Security
Channel: Flash info
Date: 29/03/2017

http://pintient.com/Avf

U.S. nuclear developer Westinghouse Electric Co may be going bankrupt. According to reuters, this is a concern for President Donald Trump's administration and a potential national security issue. Pittsburgh-based Westinghouse plans to seek bankruptcy protection from creditors on Tuesday as it struggles to limit losses. As well as building civilian nuclear reactors, Westinghouse has been the leading supplier of reactors for nuclear-powered U.S. military vehicles. The bankruptcy will be handled in japan, where westinghouse's parent company TOshiba is based. According to a white house official the trump administration is in close communication with the japanese monitoring the situation.