Frank Carlucci, Carlyle Chairman Who Led Pentagon, Dies at 87
- He advocated an arms build-up to hasten end of the Cold War
- Oversaw Carlyle’s global expansion from 1993 to 2003
Frank Carlucci in 1981
Source: Bettmann via Getty Images
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Frank Carlucci, who advocated an arms buildup in the 1980s before becoming defense secretary under President Ronald Reagan and later expanded the influence of Carlyle Group as the investment firm’s chairman, has died. He was 87.
He died Sunday at his home in McLean, Virginia, according to the Washington Post, citing a family friend, Susan Davis. The cause was complications from Parkinson’s disease.