To: orkrious who wrote (269598 ) 12/4/2003 9:37:51 PM From: laura_bush Respond to of 436258 Boeing has $20m stake in Perle fund By Joshua Chaffin in Washington and Stephanie Kirchgaessner in New York Published: December 3 2003 21:56 | Last Updated: December 3 2003 21:56 Boeing has taken a $20m stake in an investment fund run by Richard Perle, a top Pentagon adviser, underlining the close links it has built to Washington's defence establishment. Mr Perle, a former Reagan assistant secretary of defence, is considered one of the most influential civilian advisers to the Pentagon and an architect of the US policy on Iraq. As Boeing's focus has shifted from civil aircraft to military contracting, it has devoted greater attention to increasing its presence in Washington. Boeing said it made the investment in Trireme Partners last year as part of a broad strategy to invest in companies with promising defence-related technologies. Mr Perle was appointed by defence secretary Donald Rumsfeld in 2001 to chair the Defence Policy Board, a group of former generals and security experts. Although the members are not official government employees, they meet regularly with Mr Rumsfeld and his deputy Paul Wolfowitz. Trireme's board of advisers until recently included Henry Kissinger, another Defence Policy Board member. Boeing said it had no knowledge that Mr Perle had advised the company on a controversial $18bn deal to lease refueling aircraft tankers to the US Air Force, or other Pentagon-related matters. Phil Condit, Boeing's chief executive, stepped down this week following allegations of misconduct by the company in efforts to secure the contract. The Pentagon said on Tuesday it was putting the deal on hold amid fierce criticism from Congress. Two other members of the Defence Policy Board, a retired admiral and a retired Air Force general, featured in an internal Boeing e-mail from January identifying them as company consultants, and claiming they were "engaging" Pentagon circles on the tanker deal. Mr Perle, whose mixture of high-level business and political contacts has drawn scrutiny, was out of the country, and did not return phone calls or e-mail messages. news.ft.com