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Warren: DoD Office of Strategic Capital 'too cozy' with private investment firms, lacks guardrails

The Department of Defense Office of Strategic Capital appears “too cozy” with private investment firms and may lack the proper guardrails to prevent conflicts of interest, Sen. Elizabeth Warren (D-Mass.) wrote to Under Secretary of Defense for Research and Engineering Heidi Shyu on Sunday evening in a letter shared exclusively with The Hill. Defense Secretary… ....

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Electra.aero appoints former Airbus, Boeing executives and aircraft finance leader to its board

Electra has appointed aviation industry leaders James F. Albaugh and Allan McArtor to its board of advisors, and Kirsten Bartok Touw to the company’s board of directors. ....

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Revolving door: Why it's legal to work for the government and private companies at once

This job shows the tricky relationship between the Pentagon and the private sector. ....

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Podcast: Dennis Muilenburg's Bet on the Future | Aviation Week Network

Listen in as the former Boeing CEO and his new business partner Kirsten Bartok Touw discuss plans to invest in transformational aerospace technologies and why the next 20 years could be the best ever. ....

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Former Boeing CEO's start-up aims to invest in advanced aerospace technology | News

By Jon Hemmerdinger2021-02-02T19:42:00+00:00
A new aerospace company led by former Boeing head Dennis Muilenburg has assembled an experienced management team and aims to advance technologies such as alternative propulsion, automation and manufacturing.
That is according to documents recently disclosed by Muilenburg’s new venture – a “blank-check” investment company called New Vista Acquisition.
Blank-check companies are publicly traded firms established for the sole purpose of raising money to acquire and bring public other companies.
Source: Shutterstock
Former Boeing CEO Dennis Muilenburg
When formed, blank-check companies do not disclose acquisition targets; they raise money based on the experience of their management teams. ....

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