William J. Lynn III

Quick Facts

Full Name	William J. Lynn III
Occupation	Lobbyist
Date Of Birth	Jan 1, 1954(1954-01-01)
Age	70
Birthplace	Key West
Country	United States
Birth City	Florida
Horoscope	Capricorn

William J. Lynn III Biography

William J. Lynn III is one of the most popular and richest Lobbyist who was born on January 1, 1954 in Key West, Florida, United States. William J. Lynn III (born January 1st 1954) is a former United States Deputy Secretary of Defense. Prior to that, he was the under secretary of Defense (Comptroller) and a lobbyist for Raytheon.

Lynn advised her audience in the month of May she warned in the May 2009 Congress as well as the Obama administration must be cautious not to cause more problems in re-evaluating the Pentagon’s buying methods. “We need to keep in mind the importance of not making the system worse in our efforts to achieve reform,” Lynn stated in her testimony to committee members on the House Armed Services Committee. “This has happened in the past.” Lynn said to lawmakers that the Pentagon will recruit 20,000 new employees to oversee acquisition of weapons as part of the sweeping reforms both President Obama as well as Congress have been advocating for. The plan to recruit the 20,000 new personnel will be “aggressive,” Lynn said however, the Pentagon requires program managers and cost estimators, as well as software engineers and system engineers. Lynn said Pentagon leadership will begin to bring new employees into the fold at the start of the fiscal year 2010. “We are mindful it is going to be an organizational challenge,” he added.

The Pentagon leadership has started a sweeping effort to free up about $100 billion over the next five years to maintain current fighting forces and to modernize weapons systems. Lynn in June 2010 said the goal is to find more savings within the defense budget without cutting the top-line number. Pentagon leaders are eying 2 to 3 percent real growth in the Pentagon’s budget for the areas that need it most: force structure and modernization. Two-thirds of the $100 billion cost savings spread out over the next five years will come from trimming overhead on a department-wide basis. That money will be directly transferred into the force structure and modernization accounts, Lynn explained. The rest of the cost savings would come from “developing efficiencies within those force structure and modernization accounts,” he added. “If we’re able to reduce overhead accounts where we don’t need those increases, shift it to the force structure and modernization accounts, we can get that 2 to 3 percent [real growth] and we can do what we think we need to do in technology refresh, modernization, protecting quality of life and all those critical factors.”

In July Lynn announced that he would leave DoD. “Bill Lynn has provided outstanding advice and counsel to this department and to the nation over the course of his long career,” Leon Panetta said in a statement released on 7 July. “I will rely on his experience and expertise during this transition period. His service will be greatly missed.” He left his office on October 5, 2011.

After stepping down at the conclusion in the Clinton President, Lynn became the executive vice president of the management consulting firm DFI International in 2001, but he left in August of 2002, when he was tapped as a consultant for Raytheon Company. Raytheon Company, where he was named chief vice president of Government Operations and Strategy.

William J. Lynn III Net Worth

William J. Lynn III is one of the richest Lobbyist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, William J. Lynn III 's net worth $5 Million. (Last Update: December 11, 2023)

Lynn was a graduate of Dartmouth College in 1976, and then went on to study in Cornell Law School to receive his law degree in the year 1980 after which he graduated from Woodrow Wilson School at Princeton University in 1982, earning an M.A. on public relations. In the following years, he was employed at The Center for Strategic and International Studies and was the director of the executive office for the Defense Organization Project from 1982 until 1985. In the year that followed, he released the work Toward a More Effective Defense. At one time the author was a senior fellow who was studying strategically nuclear weapons and control of arms at the National Defense University’s Strategic Concepts Development Center, and then became the legal counsel on issues pertaining to defense and arms control in the office of Massachusetts Senator Edward Kennedy between 1987 and 1993. In the same time, he was Kennedy’s staff rep to his Committee on Armed Services.

Lynn was later employed in the office of an Assistant Secretary to Defense for Budget In April 1993, he joined the Office that was headed by the Secretary of Defense (then Les Aspin) as director of programs analysis and assessment. On the 21st of October the 21st of October, 1997 president Bill Clinton nominated Lynn to as the under Secretary of Defense (Comptroller) and following an Senate approval on November 13, he was officially sworn into office on the 19th of November.

On January 8, 2009, President-elect Barack Obama nominated Lynn as his Deputy Secretary of Defense. This was complicated by the fact that new ethic rules promulgated by Obama for members of his administration created a waiting period of two years between lobbying activities and working for the administration on the same issues, which Lynn’s work with Raytheon violated. President Obama waived the new rules for Lynn, which received criticism from John McCain as well as outside groups such as the Project on Government Oversight, Citizens for Responsibility and Ethics in Washington, Government Accountability Project, and Public Citizen. McCain later said that the nomination should probably move forward. As nominee, Lynn agreed to sell his holdings of Raytheon stock. Lynn’s appointment was approved by the U.S. Senate Armed Services Committee on February 5, 2009 by unanimous consent. On February 11, 2009, Lynn was confirmed in the full Senate by a vote of 93–4. He took the oath of office on February 12.

Height, Weight & Body Measurements

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Who is William J. Lynn III Dating?

According to our records, William J. Lynn III is possibily single & has not been previously engaged. As of December 1, 2023, William J. Lynn III’s is not dating anyone.

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Facts & Trivia

William Ranked on the list of most popular Lobbyist. Also ranked in the elit list of famous people born in United States. William J. Lynn III celebrates birthday on January 1 of every year.