Franklin R. Parker
Assistant Secretary of the Navy for Manpower and Reserve Affairs
Estimated Net Worth
  • estimated net worth
    $962 K - $2.8 M
Salary
  • salary
    Unknown
Employment
  • Started 12/12/2022

Financial Disclosure Details - OGE Form 278e (11/03/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
BAE Systems Inc., Intelligence & Security
McLean, Virginia
Senior Counsel, Intelligence Solutions
Present
2
BAE Systems Inc., Platforms & Services
Arlington, Virginia
Director and Senior Counsel, International Trade and Compliance
7/2019
3
Fairfax County, Virginia
Trustee
Present
4
Fairfax County, Virginia
Trustee
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
BAE Systems Inc., Intelligence & Security
Salary/Bonus
$502,690
2
IRA
2.1
American Funds American Mutual Fund Class A
$15,001 - $50,000
None (or less than $201)
2.2
Blackrock Global Allocation Fund Inc.
$1,001 - $15,000
None (or less than $201)
2.3
Fidelity Advisor Small Cap Fund
$1,001 - $15,000
None (or less than $201)
2.4
American Funds The Growth Fund of America Class A
$15,001 - $50,000
None (or less than $201)
2.5
Pimco Total Return Class A
$1,001 - $15,000
None (or less than $201)
2.6
Pimco Real Return Fund Class A
$1,001 - $15,000
None (or less than $201)
3
BAE Systems, Inc. 401(k)
3.1
BAE Systems Stable Value
$15,001 - $50,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
BAE Systems, Inc.
McLean, Virginia
I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation.
10/2017
2
BAE Systems, Inc.
McLean, Virginia
Pursuant to the company’s compensation plan, I am eligible to receive a bonus for 2021 if I am employed by the company as of December 31, 2021. The bonus amount is tied to the achievement of relevant financial and non-financial targets, and the overall manner in which individual employees contribute to business performance.
11/2021

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
BAE Systems Inc., Intelligence & Security
McLean, Virginia
Senior Counsel, Intelligence Solutions
2
BAE Systems Inc., Platforms & Services
Arlington, Virginia
Director and Senior Counsel, International Trade and Compliance

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
IRA
1.1
American Funds American Mutual Fund (AMRMX)
$15,001 - $50,000
None (or less than $201)
1.2
American Funds Capital Income Builder (CAIBX)
$1,001 - $15,000
None (or less than $201)
1.3
American Funds The Growth Fund of America (AGTHX)
$15,001 - $50,000
None (or less than $201)
1.4
American Funds The New Economy Fund (ANEFX)
$15,001 - $50,000
None (or less than $201)
2
Roth IRA
2.1
American Funds American Mutual Fund (AMRMX)
$15,001 - $50,000
None (or less than $201)
2.2
American Funds Capital Income Builder (CAIBX)
$1,001 - $15,000
None (or less than $201)
2.3
American Funds The Growth Fund of America (AGTHX)
$15,001 - $50,000
None (or less than $201)
2.4
American Funds Washington Mutual Investors Fund (AWSHX)
$1,001 - $15,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
Ohio CollegeAdvantage College Savings Fund
1.1
Vanguard Growth Index Portfolio
$15,001 - $50,000
None (or less than $201)
1.2
Vanguard Conservative Growth Index Portfolio
$15,001 - $50,000
None (or less than $201)
1.3
Vanguard Blended Moderate Growth Portfolio
$15,001 - $50,000
None (or less than $201)
1.4
Vanguard Moderate Growth Index Portfolio
$50,001 - $100,000
None (or less than $201)
1.5
Vanguard Aggressive Growth Index Portfolio
$15,001 - $50,000
None (or less than $201)
2
Virginia Prepaid529 Plan--4 semesters for daughter
$15,001 - $50,000
None (or less than $201)
3
Virginia Prepaid 529 Plan for son--4 semesters
$15,001 - $50,000
None (or less than $201)
4
VCSP/COLLEGEAMERICA Virginia 529 plan
4.1
American Funds The New Economy Fund (CNGAX)
$15,001 - $50,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
United Wholesale Mortgage
$100,001 - $250,000
2020
15 year
2
Wells Fargo Home Mortgage
$250,001 - $500,000
2012
30 year

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
8
2
Paid in full when refinanced with United Wholesale Mortgage in 2020.

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