A freshman representative close to the Pentagon ’s now - defunct $ 10 billion cloud computing pile with Microsoft apparently deck pedigree in the ship’s company shortly before the litigious contractwent belly up hebdomad ago .
Rep. Pat Fallon , of Texas , lately sold off as much as $ 250,000 of MSFT stock , only weeks before the Joint Enterprise Defense Infrastructure deal between America ’s military establishment and the technical school giant was abruptly called off , public revealing formsshow .
Problematically , Fallon also serves on the committee that was tax with manage the deal . The House Armed Services Committee ’s new subcommittee on Cyber , Innovative Technologies , and Information Systems is in flush of the Defense Department ’s “ tech disbursal ” and has beenresponsible for“keeping a airless heart on ” on JEDI — which would ’ve seen the migration of massive amounts of DoD data to a commercial swarm system and wasthe guinea pig of intense embodied rival .
Photo: U.S. Air Force (Getty Images)
Last September , the PentagonannouncedMicrosoft would be handling the contract but subsequently turn back itself in July , claiming that the deal would be canceled due to shifts in the DoD ’s needs .
We reached out to Rep. Fallon ’s berth with a asking for gossip and a interpreter leave us with the following statement :
“ Congressman Fallon had utterly no prior knowledge the Pentagon intend to cancel the JEDI declaration . Any charge that Congressman Fallon act unsuitably with his mundane ancestry transactions is wildly high-risk and has no foot in truth . We challenge anyone to fetch one shred of actual evidence to back up this ridiculous accusal . ”
Fallon has argued that the marketing of the stock was basically just silent luck , since the stock he possess was part of an alternative call — a transaction in which he had bought $ 250,000 in MSFT portion on May 26 before selling the “ rights to other investors to buy at a later date , ” Salon report . Those investors afterward decide to buy Fallon ’s shares on June 21 , which squeeze him to sell off his position in the tech company . It just so happened that this occurred a duet of week out from JEDI ’s unseasonable demise . ¯_(ツ)_/¯
However , the allegation are n’t the only financial outlet Fallon is currently dealing with . He also of late caught flack forfailing to properly disclosemillions of dollar in stock trades — get some to wonder whether he would face ethics violations . When the intelligence broke , a spokesperson for Fallon claim he was “ unfamiliar with how frequently members of Congress are expect to file financial disclosure . ”
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