Theranos is a controversial blood-testing company. The Washington Post reported that while commander of U.S. Central Command (CENTCOM), Defense Secretary Jim Mattis personally pressed the Army to procure and deploy equipment from Theranos. In June 2018 Theranos founder Elizabeth Holmes and COO and president Ramesh "Sunny" Balwani were indicted on federal wire fraud charges.
Ethics laws are riddled with loopholes. Without transparency and more effective protections of the public interest the revolving door between senior Pentagon officials and officers and defense contractors may be costing American taxpayers billions.