Organization

Lockheed Martin

U.S. arms maker.

2 links, 0 backed by primary records. 25 more in open data

Connections 2

U.S. Department of Defense 2020 $75.2B, Pentagon prime contracts, fiscal year 2020 Scholarship & press 1
Hartung’s Table 1 lists $47.1 billion for fiscal year 2019 and $75.2 billion for 2020. Contract money is revenue, not profit.

The post-9/11 wars According to William D. Hartung Scholarship & press 1
Hartung writes of the whole surge in Pentagon spending after 9/11, not only contracts in the war zones. He is an advocate for a less militarized foreign policy.

Timeline 1 date

Proof 1 source

Profits of War: Corporate Beneficiaries of the Post-9/11 Pentagon Spending Surge, Costs of War Project, Brown University, 13 Sep 2021. Scholarship & press
Lockheed Martin 47.1 75.2
the $75 billion in Pentagon contracts received by Lockheed Martin in FY 2020 is well over one and one-half times the entire budget for the State Department and Agency for International Development for that year, which totaled $44 billion.
Companies benefiting from the buildup of the past 20 years range from weapons manufacturers like Raytheon and Lockheed Martin, to logistics and reconstruction firms like Kellogg, Brown and Root (KBR) and Bechtel, to armed private security contractors like Blackwater and Dyncorp.
The benefits of the post-9/11 surge in Pentagon spending have been highly concentrated. One-quarter to one-third of all Pentagon contracts in recent years have gone to just five major weapons contractors: Lockheed Martin, Boeing, General Dynamics, Raytheon, and Northrop Grumman.

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