“The US army has asked private equity groups including Apollo, Carlyle, KKR and Cerberus to pitch “meaty” strategic projects to help the service fund a $US150 billion ($231 billion) infrastructure overhaul.
https://x.com/davidac35075727/status/1980702776595243259
The Department of War contractors will prioritize profit maximization.
They will continue to use the military procurement process to transfer funds appropriated by Congress to their Executives and shareholders.
“The US army has asked private equity groups including Apollo, Carlyle, KKR and Cerberus to pitch “meaty” strategic projects to help the service fund a $US150 billion ($231 billion) infrastructure overhaul. … The new talks between the government and the investors follow President Donald Trump’s executive order in August opening US retirement plans to private assets, in another sign of support for the private capital industry.”
posted by Satish Sharma at
04:02
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