The Jordan Harbinger Show 838: David Packouz | The Real-Life "War Dogs" Gun-Runner Part One.
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May 23, 2023 Join David Packouz, an entrepreneur and former arms dealer whose life inspired the film War Dogs. He discusses how a young Orthodox Jew navigated the complex world of government contracts, revealing the bizarre and often corrupt realities of arms dealing. Packouz shares tales of getting lucrative deals at a young age, and how his partner's real-life persona differs from Hollywood's portrayal. Expect insights into military logistics, the ethical dilemmas of the trade, and the intricate web of government procurement.
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$1.8 Million Inspiration
- Diveroli, at 18, showed Packouz his bank account with $1.8 million, inspiring Packouz to join his arms business.
- Diveroli claimed his uncle cheated him, while his uncle claimed the opposite, a story Packouz believes both sides of.
Government Contract Types
- Government contracts have various types, including cost-plus and competitive contracts.
- Cost-plus contracts can incentivize cost inflation, while competitive contracts encourage lower bids.
Building Past Performance
- Packouz and Diveroli gained experience by fulfilling smaller government contracts, building past performance.
- This allowed them to bid on larger contracts, including the $300 million deal.