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All posts tagged "Department Of The Army"

Busted: Tommy Tuberville invested in defense contractor while blocking military nominations

Busted: Tommy Tuberville invested in defense contractor while blocking military nominations

WASHINGTON — Sen. Tommy Tuberville (R-AL) recently purchased up to $250,000 worth of stock in telecommunications technology company Qualcomm Inc., a federal defense contractor, while serving on the U.S. Senate Committee on Armed Services and actively blocking hundreds of military nominations and promotions, new congressional financial disclosures indicate.

Qualcomm and its subsidiaries have been the recipient of several dozen defense and homeland security contracts during the past two decades, according to federal contracting records reviewed by Raw Story.

Among these is a Department of the Army contract with Qualcomm Intelligent Solutions, worth nearly $11.7 million with the possibility of growing to $30.4 million, related to a government program exploring "innovative, energy-efficient, and reliable computer architectures that can address the intelligence community’s large-scale data-analytic applications."...