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Technology Stocks : Loral Space & Communications

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To: Don Limb who started this subject3/29/2003 2:33:30 PM
From: SafetyAgentMan  Read Replies (1) of 10852
 
Defense adviser aided Loral

bayarea.com

WASHINGTON - While he headed an influential Pentagon advisory board, Richard Perle advised Loral Space & Communications as it faced government accusations it improperly transferred rocket technology to the Chinese, administration officials said Friday.

Officials at the State Department said the senior official considering how to resolve the Loral matter, Assistant Secretary Lincoln P. Bloomfield Jr., was contacted by Perle once or twice during the second half of 2001 on behalf of the Palo Alto-based company. At the time, Bloomfield, who heads the State Department's bureau of political-military affairs, and other officials were investigating accusations that Loral, a satellite manufacturing and communications services business, turned over expertise that significantly improved the reliability of China's nuclear missiles.

Perle said Friday afternoon that he was retained by Loral seven months before his appointment by Defense Secretary Donald Rumsfeld to head the Defense Policy Board and was given a one-time retainer at the outset of his work. He resigned Thursday as chairman of the Pentagon board.

Perle declined to say how much he was paid by Loral. He said he did not file a lobbying disclosure statement because he did no lobbying on behalf of Loral.
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