Dell awarded $9.7 billion Pentagon contract amid ethics concerns over Trump's stock holdings
By
Maegan Vazquez
3d ago· 5 min readenNews
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Summary
Government ethics watchdogs are raising concerns after Dell secured a $9.7 billion Pentagon contract, following President Trump's portfolio acquisition of Dell stock valued between $1 million and $5 million. Trump has publicly praised the company at rallies, creating what ethics experts describe as an apparent conflict of interest. The timing of the stock purchase and subsequent contract award has drawn scrutiny from government oversight groups.
Key quotes
· 3 pulledGovernment ethics watchdogs are sounding the alarm after the Pentagon announced that the U.S. tech company Dell has been granted a $9.7 billion government contract, pointing to stock transactions that suggest President Donald Trump potentially stands to gain financially from the deal.
Trump has repeatedly praised the company at public events, and government disclosure forms show that on Feb. 10 Trump's portfolio acquired stock in Dell Technologies valued between $1 million and $5 million.
Ethics experts say Trump's recent investments in and public praise for the tech company create the appearance of a conflict of interest.
Ethics experts say Trump’s recent investments in and public praise for the tech company create the appearance of a conflict of interest.
