BA — Pentagon hires Wall Street dealmakers for $200B+ industrial investment push

The Pentagon's Office of Strategic Capital (OSC) is aggressively recruiting dozens of finance professionals from investment banks and private equity to manage a planned $200 billion-plus lending program aimed at bolstering the U.S. industrial base. The office has recently added 30 dealmakers and plans to hire 40 more, with some positions offering salaries up to $438,000. The OSC has already committed $5 billion in direct loans this year and recently offered $725 million to Energy Fuels and $500 million to Phoenix Tailings.