After reading the scoring sheet and the accompanying background paper, and speaking with the Deputy Assistant Secretary of the AF (Installations), I’ve come away with new reservations—this time about the process.
4. Military-Industrial-Political Corruption
By JOE NOCERA
At the Cowen & Company military industry investment conference on Wednesday, the breakfast speaker was a man named Ashton B. Carter. A former academic and industry consultant, Dr. Carter, as he likes to call himself — he has a doctorate in theoretical physics, in case you were wondering — is the Defense Department’s under secretary for acquisitions, technology and logistics. That is, he’s the Pentagon’s chief weapons buyer.
There is something that Wall Streeters and Captains of Industry pay close attention to and it is called The Spade Defense Index. The SDI is a blended index of “publicly traded companies that benchmarks the performance of companies involved with defense, homeland security, and space.