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Republican Security Advisers Tied to $40 Billion in Contracts


National security advisers to the Republican presidential candidates have ties to defense, homeland security and energy companies that have received at least $40 billion in federal contracts since 2008.

Five of former Massachusetts Governor Mitt Romney’s 41 national security and foreign policy advisers have links to companies that last year alone received at least $7.9 billion in federal contracts, according to data compiled by Bloomberg Government analyst Christopher Flavelle. Of that, $7.3 billion came from the Department of Defense.

Romney and former U.S. House Speaker Newt Gingrich of Georgia, who are leading in the polls, have advisers who sit on the board of directors of BAE Systems Inc., which has received at least $37 billion in U.S. government contracts since 2008, the most of any of the companies with ties to Republican national security advisers.

William Schneider, an adviser to Gingrich, and Michael Chertoff, who counsels Romney, serve on the board of the U.S. subsidiary of BAE Systems Plc, Europe’s largest defense contractor. The American company makes the Army’s Bradley Fighting Vehicle and provides information technology systems to American intelligence agencies and repair services to the U.S. Navy.

READ THE REST AT BLOOMBERG.

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