A published report this week confirmed that the Pentagon is launching a probe that will look at the last two years worth of contracts handed out by the Defense Advanced Research Projects Agency (DARPA), to ensure there are no conflicts of interest or wasteful spending.
The decision was made, a report in Wired claims, after reporters learned that the agency had awarded numerous contracts to a company run by relatives of DARPA director Regina Dugan.
Dungan reportedly owns millions in RedXDefense stock, and the company owes her roughly a quarter of a million dollars from a loan. DARPA has subsequently given RedXDefense $1.7 million in various contracts, but they’ve disavowed Dungan’s involvement in any of those decisions.
The agency has an annual budget of roughly $3 billion.
Stephen C. Webster
Stephen C. Webster is the senior editor of Raw Story, and is based out of Austin, Texas. He previously worked as the associate editor of The Lone Star Iconoclast in Crawford, Texas, where he covered state politics and the peace movement’s resurgence at the start of the Iraq war. Webster has also contributed to publications such as True/Slant, Austin Monthly, The Dallas Business Journal, The Dallas Morning News, Fort Worth Weekly, The News Connection and others. Follow him on Twitter at @StephenCWebster.
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