Word: raytheon
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Dates: during 2000-2009
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...global recession, Arab states have signed huge deals for U.S. military hardware, whose sophistication has been on full display in two long wars in the neighborhood. Petraeus said countries in the region now deploy eight Patriot missile-interceptor batteries - up from zero a few years ago - made by Raytheon Corp. And the Pentagon last month announced that Kuwait had ordered upgrades of its Patriot missile system, in a deal worth $410 million. But Raytheon isn't the only beneficiary of anxiety over Iran. The United Arab Emirates this year ordered $9 billion worth of U.S. military gear, Petraeus noted, including...
...supply as regional tensions escalate over Iran's growing influence in the Arab world and over the stalemate in diplomatic efforts to resolve the nuclear standoff. That's likely to see nervous Arab regimes drawing closer to the U.S. military - and, presumably, to continue shopping at Lockheed Martin and Raytheon...
...date, a handful of these waivers have been proposed, including, most controversially, one for William Lynn, a former lobbyist for defense contractor Raytheon who has been tapped to serve in the No. 2 job at the Pentagon. But the controversy over the waivers, which have been criticized by both Democratic and Republican Senators, is just one of the perception problems dogging Obama's new ethics policy. Another issue stems from the people nominated to the Administration who have worked in the lobbying business but are not technically lobbyists - people, in other words, like Daschle or former Senator George Mitchell...
...plenty of people with far greater business-management experience than that of a lobbyist." Nonetheless, Lynn, who during his confirmation hearing on Jan. 15 pledged to "maintain the highest ethical standards," appears headed for Senate confirmation. To ease some Senators' concerns, he has promised to sell all his Raytheon stock and have his dealings at the Pentagon for the first year subject to an ethics review...
...role of the deputy in a better manner than anybody else that I saw," Gates said. The next day, Obama spokesman Robert Gibbs said Lynn would be getting one of a "very limited number of waivers" so he could assume the Pentagon post despite being a registered lobbyist for Raytheon from...