On 2 October 1981, Deputy Secretary of Defense Frank Carlucci III ordered the inactivation of the Titan II weapon system.
In the year 2000, a film called Lumumba portrayed him as being involved during his service in Congo in the murder of Congolese independence leader Patrice Lumumba.
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According to James Schlesinger, following the assassination of Patrice Lumumba, the new Prime Minister of the Congo, Cyrille Adoula, began a meeting with President John F. Kennedy with the question "Ou est Carlucci?" (Where is Carlucci?), who first responded "Who the hell is Carlucci?'" and then sent Dean Rusk to find him.
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Patrice Lumumba, the first prime minister of independent Congo, was executed in January 1961 during the Congo Crisis.
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During a broadcast on HBO of the film Lumumba, directed by Raoul Peck, Carlucci's name was bleeped and removed from the credits due to the threat of a lawsuit.
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He also has business interests in the following companies: General Dynamics, Westinghouse, Ashland Oil, Neurogen, CB Commercial Real Estate, Nortel, BDM International, Quaker Oats, and Kaman.
After serving eight years as Vice President and participating in the momentous foreign affairs events of the Reagan Administration, President George H. W. Bush made many changes in the NSC machinery reformed by Frank Carlucci and Colin Powell.
At The Pentagon, Defense Secretary Frank Carlucci, Chairman of the Joint Chiefs Adm. William J. Crowe Jr., and U.S. Central Command head Gen. George B. Crist monitored the situation.
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After pursuing corporate finance at the First Boston Corporation (now Credit Suisse), in the era of the Joe Perella and Bruce Wasserstein deal-making duo, he was called in 1989 by his former boss, Frank Carlucci, then chairman of the nascent private equity firm, The Carlyle Group, to help establish the firm overseas.
He worked for Secretary of Defense Frank Carlucci and dealt with the aftermath of the shooting down of Iran Air Flight 655 by the U.S.S. Vincennes and the explosion of a gun mount on the U.S.S. Iowa.