A former executive and lobbyist for defense contractor Lockheed Martin has been appointed to one of the most powerful posts on Capitol Hill overseeing the defense industry.
Ann Elise Sauer, who left Lockheed last year, is now the Republican staff director at the Senate Armed Services Committee. The Committee oversees military spending, including major weapons systems that are central to Lockheed’s business.
Sauer received more than $1.66 million from Lockheed during a reporting period that encompasses this year and last year, according to a financial disclosure form she filed in April. The $1.66 million included salary, bonus, deferred compensation and a lump sum described in the filing as “RETIRED PAY.”
Sauer was appointed to the Senate staff position in February. Her financial disclosure form, recently noted by Legistorm, called attention to her appointment.
Lockheed Martin, the Department of Defense’s top contractor (in terms of total contract dollars awarded yearly), receives tens of billions of dollars annually from the Pentagon. Last year alone, the firm was awarded Department of Defense contracts valued at more than $33 billion. The company is responsible for some of the Pentagon's most expensive and troubled weapon systems, including the F-22 and F-35 fighter jets.
As minority staff director, Sauer reports to Sen. John McCain (R-Ariz.), the ranking Republican on the Senate Armed Services Committee.
Friday, July 27, 2012
Ex Lockheed Lobbyist Now in Key Defense Oversight Role
As you will read, this story writes itself...