A report reveals that hundreds of former government officials, including Pentagon officials, have transitioned to lobbying for defense contractors. Sharon Zhang reports this development. Here is an extract:
Hundreds of former government officials, including former Pentagon officials, have been funneled through the infamous public-to-private revolving door to take their insider government knowledge to lobby for top defense contractors, a new report from the office of Sen. Elizabeth Warren (D-Massachusetts) reveals.
According to the report released Wednesday, as of 2021, there were at least 672 former officials who were working for the top 20 defense contractors, with the vast majority — 91 percent — in positions lobbying the very government they formerly worked for. Officials who weren’t lobbyists were in top positions as board members or senior executives. The officials include former members of Congress, senior staffers and military officers.
Perhaps not coincidentally, the companies that employed the most former government officials are also the companies who receive the most from the government in contracts. In 2021 and 2022, Lockheed Martin, Boeing, Raytheon, General Dynamics and Pfizer were the top 5 federal defense contractors in the U.S. — and in 2021 also employed among the highest numbers of “revolving door hires” out of the top 20 contractors, the report found, each with dozens of former government employees.
Read the full article here.
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