Read time: 0 minutes

Investing In War        

The Center for Public Integrity The Carlyle Group, a Washington, D.C.-based private equity firm that employs numerous former high-ranking government

The Center for Public Integrity

The Carlyle Group, a Washington, D.C.-based private equity firm that employs numerous former high-ranking government officials with ties to both political parties, was the ninth largest Pentagon contractor between 1998 and 2003, an ongoing Center for Public Integrity investigation into Department of Defense contracts found.

A dozen companies in which Carlyle had a controlling interest netted more than $9.3 billion in contracts.

Overall, six private investment firms, including Carlyle, received nearly $14 billion in Pentagon deals between 1998 and 2003. (See related report, "The Sincerest Form of Flattery.")


Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.