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<blockquote data-quote="Box Ox" data-source="post: 6044930" data-attributes="member: 48469">Was Lloyd Austin a better pick?[URL unfurl=&quot;true&quot;]https://insidedefense.com/insider/austin-discloses-financial-ties-defense-contractors[/URL]January 11, 2021“In advance of his Jan. 19 nomination hearing, retired Army Gen. Lloyd Austin, whom President-elect Biden has picked to lead the Defense Department, has disclosed the extent of his financial relationships with defense contractors Raytheon Technologies and Booz Allen Hamilton, as well as other companies he has worked for since leaving the military.Austin is a member of Raytheon&#039;s board of directors. If confirmed as defense secretary, he expects a cash payout between $750,000 and $1.7 million when he divests his shares in the company and associated entities, according to <a href="https://insidedefense.com/node/210084" target="_blank">financial disclosure documents</a> first <a href="https://www.bloomberg.com/news/articles/2021-01-10/biden-defense-pick-to-get-up-to-1-7-million-from-raytheon-role?utm_source=url_link" target="_blank">reported by Bloomberg</a>.”</blockquote>

[QUOTE="Box Ox, post: 6044930, member: 48469"] Was Lloyd Austin a better pick? [URL unfurl="true"]https://insidedefense.com/insider/austin-discloses-financial-ties-defense-contractors[/URL] January 11, 2021 “In advance of his Jan. 19 nomination hearing, retired Army Gen. Lloyd Austin, whom President-elect Biden has picked to lead the Defense Department, has disclosed the extent of his financial relationships with defense contractors Raytheon Technologies and Booz Allen Hamilton, as well as other companies he has worked for since leaving the military. Austin is a member of Raytheon's board of directors. If confirmed as defense secretary, he expects a cash payout between $750,000 and $1.7 million when he divests his shares in the company and associated entities, according to [URL='https://insidedefense.com/node/210084']financial disclosure documents[/URL] first [URL='https://www.bloomberg.com/news/articles/2021-01-10/biden-defense-pick-to-get-up-to-1-7-million-from-raytheon-role?utm_source=url_link']reported by [I]Bloomberg[/I][/URL].” [/QUOTE]

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