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A High-Yield Return why is the Pentagon Doling out Huge contracts to a merchant bank?

Article Abstract:

The merchant bank Carlyle Group's ability to acquire high value contracts from the Pentagon is attributed to its majority stake in various defense industry firms. In 1998, it received contracts cumulatively worth $382 million to develop new technologies for the US military and was also the recipient of $1 billion in procurement awards. Another factor for Carlyle's success in getting defense contracts is that many of its highest-ranking officials are former government officials such as Frank Carlucci, James Baker and Richard Darman.

Author: Sherman, Jason
Publisher: Army Times Publishing Co.
Publication Name: Armed Forces Journal International
Subject: Military and naval science
ISSN: 0196-3597
Year: 1999
Contracts & orders received, All Other Nondepository Credit Intermediation, Short Term Business Finance, Carlyle Group L.P.

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Better ideas for urban operations: Pentagon's classified wish list

Article Abstract:

New technology and training is going to be recommended by the U.S. Joint Force Command so as to improve the military's ability to operate in urban environments. The classified wish list forwarded to the Pentagon's Joint Requirements Oversight Council consists of improved intelligence, surveillance and reconnaissance capabilities for urban combat and new facilities for large-scale, joint-service urban operations training.

Author: Sherman, Jason
Publisher: Army Times Publishing Co.
Publication Name: Armed Forces Journal
Subject: Military and naval science
ISSN: 1559-162X
Year: 2004
Powers and duties, Military personnel, Military training, United States. Joint Forces Command

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The two-war strategy begins to fade away

Article Abstract:

The '1-4-2-1' standard that shaped the US military forces over the years will yield to a different yardstick in the future when the number and types of forces are decided upon, as notified in the 2005 Quadrennial Defense Review. The move will result in a wide-ranging revision of war plans, investments in weapons systems and military organization.

Author: Sherman, Jason
Publisher: Air Force Association
Publication Name: Air Force Magazine
Subject: Military and naval science
ISSN: 0730-6784
Year: 2005
Management dynamics, Management, Military aspects, Company business management, Military strategy, United States. Department of Defense

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Subjects list: United States
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