Pentagon recruits bankers for $200 billion defense fund
The Department of Defense is recruiting bankers from top firms to manage a new $200 billion fund. This team will focus on defense deals over three years.
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The United States Department of Defense is reportedly recruiting elite investment bankers to staff a new "Economic Defense Unit" aimed at managing significant capital investments. According to reports from Semafor, the Pentagon plans to hire a 30-person team to oversee approximately $200 billion in defense-related deals over a three-year period.
