Army contract goes to firm co-owned by Feinstein's husband
SAN FRANCISCO (AP) -A planning and engineering firm co-owned by U.S. Sen. Dianne Feinstein's husband has been awarded a five-year Pentagon contract that could be worth up to $600 million.
San Francisco-based URS Corp. announced Monday that the Army had hired one of its divisions and a partner to help with troop mobilization, weapons system training and anti-terrorism assessment.
Feinstein's husband, Richard Blum, serves on the company's board of directors and controls about 24 percent of its stock.
~snip~
http://www.bayarea.com/mld/mercurynews/news/5690601.htma link to The Carlyle Group
the URS Board of Directors includes:
Joseph E. Lipscomb has served as one of our directors since August
2002. Mr. Lipscomb was elected to the Board pursuant to a Management
Rights and Standstill Agreement by and among Carlyle-EG&G, L.L.C.,
EG&G Technical Services Holdings, L.L.C. and TC Group L.L.C.
(collectively, the "Carlyle Entities") and URS (the "Standstill
Agreement"), which we entered into in connection with our acquisition
of Carlyle-EG&G Holdings Corp. and Lear Siegler Services, Inc.
(the "EG&G acquisition") on August 22, 2002. For so long as the
Carlyle Entities and their affiliates collectively own or control at
least 10% of our voting stock, the Standstill Agreement requires us
to nominate Mr. Lipscomb (or, in the event that Mr. Lipscomb can no
longer serve, an individual designated by the Carlyle Entities and
reasonably acceptable to us) for election to the Board. The Carlyle
Entities have also agreed to certain standstill provisions and
restrictions on transfer of shares of our outstanding capital stock
that they hold under the Standstill Agreement. Mr. Lipscomb has
served as the Managing Director of The Carlyle Group since 2001,
where he joined as a Principal in 1999. Mr. Lipscomb served as Vice
President of BT Alex Brown from 1997 to 1998 and as a Principal of BT
Alex Brown from 1998 to 1999.
http://www.sec.gov/Archives/edgar/data/102379/000095014903000399/f87695def14a.htmalso, The Carlyle Group has beneficial ownership status:
Beneficial Owner Number Percentage(2)
Blum Capital Partners, L.P. 7,701,544 23.70 %
909 Montgomery Street, , Suite 400
San Francisco, CA 94133(3)
FMR Corp. 2,250,326 6.93 %
82 Devonshire Street
Boston, MA 02109-3614
TCG Holdings, L.L.C. 7,064,033 21.74 %
c/o The Carlyle Group
1001 Pennsylvania Avenue
Washington, D.C. 20004(4)
Kent P. Ainsworth(5) 387,681 1.18 %
Richard C. Blum(6) 7,813,413 24.04 %
http://www.urscorp.com/ in the SEC filings, there is a URS Diebold - is this related to
Diebold involved w/voting machines?????
edited to add: were you satisfied with her reply?