Obama Administration Diverts Small Business Funds to General Dynamics
The Obama Administration has awarded a $28.5 million small business contract to Fortune 500 firm General Dynamics. As America's fourth largest prime contractor, General Dynamics did more than $29.3 billion in sales during fiscal year (FY) 2008 and maintains more than 92,000 employees.
According to the most recent data from the Federal Procurement Data System - Next Generation (FPDS-NG), General Dynamics is just one of hundreds of corporate giants that are currently receiving federal small business contracts from the Obama Administration.
Since 2003, twenty-five federal investigations have uncovered the diversion of billions....
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