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The Pentagon Gave $350 Million in Contracts to a Firm Closely Tied to a Senior Defense Department Official

3 days ago by beep to c/politics

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The top Pentagon official left Alvarez & Marsal Capital after ProPublica started looking into his financial ties. The contracts with a related company are another example of firms close to the Trump administration landing lucrative deals.
  • No-Bid: In June, the Pentagon signed a $281 million consulting contract with a firm tied to a Pentagon powerbroker.
  • Old Ties: George K. Kollitides II was brought into the Pentagon under Steve Feinberg, the deputy defense secretary and a former colleague in the private equity world.
  • Hidden: Experts said a no-bid consulting contract under a mechanism designed to secretly develop weapons prototypes was extraordinary.
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