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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1449 |
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United Defense was one of Carlyle's largest and most profitable units.
The Carlyle Group itself has no defense contracts with the Pentagon, and offers no services to the US government. However the companies that it has owned or controlled have done business with the pentagon worth billions of dollars...
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The company carries in new management, and team arrangement, and basically restores these companies. Primarily because of the restoration, the companies are able to acquire huge Pentagon contracts. Then, Carlyle sells these contractors to investors for a hefty profit.
Much of the Carlyle Group's investments are made with the expertise of former high-ranking government officials; those of which the company courted and hired at almost the time of their inception in 1987...
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