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Business/Financial

Obama Taps Acquisition Chief Carter For Dep SECDEF

Julie Samuel

Wednesday, August 3rd, 2011

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President Barack Obama said yesterday he will nominate Pentagon acquisition czar Ashton Carter to replace Bill Lynn as the deputy secretary of defense. The tapping of Carter for the Pentagon’s No. 2 spot kicks off speculation in the defense industry about who will replace him in the powerful undersecretary of defense for acquisition, technology, and logistics post. He principal deputy is Frank Kendall. Kendall “has a government and business background--he worked at Raytheon and we believe he is quite mindful…

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