Lockheed Martin leads super lobbying from U.S. defense industry

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Roxana Tiron
Washington Post

January 30, 2012

Defense contractors Lockheed Martin, General Dynamics and Raytheon spent a combined $33.4 million on lobbying in Washington last year, a 10 percent increase from 2010, as Congress and the Obama administration weighed cuts in the Pentagon budget.

A review of lobbying disclosures filed with the Senate by a Jan. 20 deadline showed that Bethesda-based Lockheed Martin, the world’s largest defense company, led such spending last year with $15 million for lobbying, a 19 percent increase.

Pentagon contractors face an era of limited government spending after an impasse on how to cut the federal budget left open the prospect of $1 trillion in defense cuts over a decade. Even with future cuts looming, defense companies focused their lobbying last year on protecting contracts and programs from immediate cuts, according to Michael Herson, president of American Defense International, a defense lobbying and business-development firm in Washington.

“The contractors were focused on their programs in fiscal year 2012 — that was the more certain problem at hand,’’ Herson said in an interview.

Read full story here

This article was posted: Monday, January 30, 2012 at 9:00 am





Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
Liberal Opportunists Take Advantage of Oklahoma Disaster See the rest on the Alex Jones YouTube channel.

Oklahoma Tornado Survivors Sound Off See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.