Outrage as Pentagon Funnels Hundreds of Millions Meant for Covid Supplies to Private Defense Contractors

Outrage as Pentagon Funnels Hundreds of Millions Meant for Covid Supplies to Private Defense Contractors by  for Common Dreams

“If you can’t get a Covid test or find an N95, it’s because these contractors stole from the American people to make faster jets and fancy uniforms.”

Instead of adhering to congressional intent by building up the nation’s inadequate supply of N95 masks and other equipment to combat the Covid-19 crisis, the Pentagon has funneled hundreds of millions of dollars in appropriated taxpayer funds to private defense contractors for drone technology, jet engine parts, Army uniform material, body armor, and other purposes not directly related to the pandemic.

As the Washington Post reported Tuesday morning, the Department of Defense—headed by former Raytheon lobbyist Mark Esper—”began reshaping how it would award the money” just weeks after Congress in March approved a $1 billion fund under the Defense Production Act to help the nation “prevent, prepare for, and respond to coronavirus.”

“The Trump administration has done little to limit the defense firms from accessing multiple bailout funds at once and is not requiring the companies to refrain from layoffs as a condition of receiving the awards,” the Post noted. “Some defense contractors were given the Pentagon money even though they had already dipped into another pot of bailout funds, the Paycheck Protection Program.”

As the U.S. still faces major shortages of testing supplies and N95 masks six months into the pandemic, the Post reported that the Pentagon has used congressionally approved funds to dish out $183 million to luxury carmaker Rolls-Royce and other companies to help “maintain the shipbuilding industry,” tens of millions for “drone and space surveillance technology,” and $80 million to “a Kansas aircraft parts business.”

A subsidiary of Rolls-Royce also received $22 million from the Pentagon “to upgrade a Mississippi plant,” according to the Post.

Continue Reading / Common Dreams >>>

Sharing is caring!

-->

The Daily Coin

Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.