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Michael Patrick Duffey

Reported Asset Values
$580K–$1.2M

The data on this page comes from a financial disclosure filed by Michael Patrick Duffey, who was picked to be: Under Secretary of Defense for Acquisition & Sustainment, Department of Defense. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.

Roles Outside Government

Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)

OrganizationPosition heldEndnoteLine No.
Equinox Global Solutions, LLCPartner, 3/2021 - 1/20251
UCANPowerTreasurer, 1/2023 - 1/20252
TRUMP VANCE 2025 TRANSITION, INC.Department of Defense Team Lead (Uncompensated ), 12/2024 - 1/20253
Duffey Consulting, LLC (dissolved)Managing Member, 12/2015 - 11/20244
Middlemas Family FoundationBoard Member, 12/2019 - PresentI resigned from this position subsequent to filing.5
Alexandria Classical Christian AcademyChairman of the Board of Trustees (Uncompensated ), 8/2023 - Present6
Employment Assets

Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Equinox Global Solutions, LLC (Government Consulting Firm)1
Equinox Global Solutions, LLCNone (or less than $1,001)$277KDirector Fees1.1
Equinox Global Solutions, LLC$340KSalary/Bonus1.2
Equinox Global Solutions, LLC, Receivable$500K - $1MNone (or less than $201)1.3
UCANPower (public policy advocate for advanced nuclear energy solutions)$5,000Salary2
Republican Party of Wisconsin Simple IRA - American funds AMCAP Fund (AMCPX)$15,001 - $50,000None (or less than $201)3
Equinox Global Solutions, LLC 401K - Transamerica LifeGoal 2045 (variable annuity)$50,001 - $100KNone (or less than $201)4
Employment Agreements

Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)

OrganizationAgreementEndnoteLine No.
Equinox Global Solutions, LLC$600,000 in payment for the sale of my share of the business, payable in $25,000 monthly installments beginning February 2025 through January 2027. (2025-01-01)1
Equinox Global Solutions, LLCContinuing participation in Employee Benefit Plan: The plan sponsor ceased making contributions at my separation. (2021-06-01)2
Equinox Global Solutions, LLCEquinox covered health insurance premiums for approximately $2,500 beginning at my separation on January 20th, 2025 through February 28th, 2025. This coverage will terminate on February 28th, 2025. (2025-01-01)3
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
Equinox Global Solutions, LLCServices as Partner1
Fewi Development CorporationProvided strategic consulting, advisory, and research services for government engagement.2
Zscaler, Inc.Provided strategic consulting, advisory, and research services for government engagement.3
Micron Technology, Inc.Provided strategic consulting, advisory, and research services for government engagement.4
Standard PowerProvided strategic consulting, advisory, and research services for government engagement.5
PayCargo, LLCProvided strategic consulting, advisory, and research services for federal business development.6
RTXCompleted a single project for federal civilian agency budget research.7
Compass Professional, Inc.Software development services.8
Seakeeper, Inc.Provided strategic consulting, advisory, and research services for federal business development.9
Oracle CorporationProvided strategic consulting, advisory, and research services for government engagement.10
Center For Renewing AmericaProvided public policy analysis and software development services.11
American Accountability FoundationSoftware development services.12
Spouse’s Assets

Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)

DescriptionValueIncomeIncome TypeEndnoteLine No.
"SYSTEM AND METHOD FOR FORMING RUFFLES ON A WEB," Patent Application Number US13758011 (value not readily ascertainable)None (or less than $201)1
"SYSTEM AND METHOD FOR FORMING CREASED OR UNCREASED RUFFLES ON A WEB", Patent Application Number US12964445 (value not readily ascertainable)None (or less than $201)2
"HAND TOWEL WITH A RUFFLED EDGE", Patent Application Number US29355978 (value not readily ascertainable)None (or less than $201)3
"BAG WITH RUFFLED PANEL," Patent Application Number US29355980 (value not readily ascertainable)None (or less than $201)4
"RUFFLED STRIP WITH STITCHED LONGITUDINAL AXIS", Patent Application Number US29360041 (value not readily ascertainable)None (or less than $201)5
"FRILLED BAG ACCESSORIES AND METHOD OF PRODUCTION," Patent Application Number US61732963 (value not readily ascertainable)None (or less than $201)6
"NAPKIN WITH RUFFLED EDGE," Patent Application Number EU001679333-0001 (value not readily ascertainable)None (or less than $201)7
"Hearsay" Trademark, US Serial Number 85- 729,870 (value not readily ascertainable)None (or less than $201)8
Other Assets and Income

Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)

DescriptionValueIncomeIncome TypeEndnoteLine No.
brokerage account #1Holdings liquidated and withdrawn in 2024.1
Bank of America Corp. (BAC)None (or less than $1,001)$201 - $1,000Dividends1.1
brokerage account #2Assets liquidated and withdrawn in 2024.2
Columbia International Dividend Income -INone (or less than $1,001)$201 - $1,0002.1
U.S. Bank Account (Cash)$15,001 - $50,000None (or less than $201)3
Family trust #14
Northwestern Mutual Life, Inc, whole life$1M - $5MNone (or less than $201)4.1
Liabilities

Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)

CreditorDescriptionEndnoteLine No.
Select Portfolio Servicingtype: Mortgage on Personal Residence, amount: $1,000,001 - $5,000,000, year-incurred: 2023, rate: 8.625, term: 30 years1
Bank of Americatype: Credit Card, amount: $50,001 - $100,000, year-incurred: 2024, rate: 18.24, term: Revolving2
Bank of Americatype: HELOC, amount: $100,001 - $250,000, year-incurred: 2023, rate: 6.99, term: 20 years3

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