Mother Jones on Raytheon’s Biggest Tool


In the war for more money from war, Raytheon has a big DoD asset: William J. Lynn. Mother Jones has the story here:

Brief excerpt:

“William J. Lynn III is, after Gates, the most powerful person in the Defense Department, responsible for managing the entire building, including weapons acquisitions. His opposition to reform is well documented. During the Clinton administration, he rose to be the Pentagon’s comptroller, in charge of a system that was completely unable to account for the hundreds of billions it spent every year. Faced with this mess, Lynn’s major contribution during his tenure was to block fiscal accountability rather than promote it. In public testimony to a federal accounting board, Lynn requested that the Pentagon be exempted from a crucial part of the Chief Financial Officers’ Act of 1990, a reform requiring all federal departments to comply with accepted financial integrity standards. The board granted his wish. Next, he advocated for a notorious bill-paying system referred to by critics as “pay and chase” under which the Pentagon hands a contractor a quick payout for bills and later tries to figure out what the money was for. Today’s financial chaos and lack of accountability at the DOD stem in part from Lynn’s handiwork.

“After Lynn left the Pentagon, he accepted a plush position in 2003 as chief lobbyist for Raytheon, the DOD’s fifth-largest defense contractor. Lynn spent the next five years pushing Raytheon moneymakers such as computers for the F-22 and the electronics for the Navy’s preposterously overpriced Zumwalt destroyer.”

You should read all about it at the Mother Jones web site link above.



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