Saturday, February 17, 2018

In Trump’s 2019 Budget, Lockheed Looms Almost as Large as State Dept

By Jason Ditz - February 17, 2018 at 09:36AM


In great measure, the Pentagon runs on Lockheed Martin. The US armsmaker racked up $35.2 billion in sales to the US government last year, a preposterously large figure that positions them both as heavily reliant on the government for its profits, and gives them a level of influence unmatched.

Lockheed Martin, after all, gets nearly as much money from the US government as the State Department. CEO Marilyn Hewson is, by the reckoning of some analysts, as powerful as most US cabinet secretaries.

Teal Group’s Richard Aboulafia has the gold medal quote on this – “diplomacy is out; airstrikes are in.” From the F-35 on, Lockheed is a key facilitator of airstrikes, and soaring demands for its products are leading to soaring revenue and rising profit margins.

Reports on the company brag about “juicy” shipbuilding deals, and the money pouring in from nuclear weapons upgrades. Lockheed Martin’s status as a main seller of US arms and the US obsession with growing its military seem to ensure that the company will remain rich, and wildly influential, for years to come.

Reprinted with permission from

from Ron Paul Institute Peace and Prosperity Articles



No comments:

Post a Comment


See other gifts available on Zazzle.

Ron Paul America Cloud

Site Credits

Ron Paul America

is voluntarily affiliated with

Liberty Operations Group


Site created, maintained and hosted by

Liberty Web Services


#TurnOnTheTruth 2008 2012 4th amendment 911 ACTION Afghanistan war Agency Aggression Principle al-Qaeda Alan Colmes Alert America America's Fault Americans antigun AR 15 assault weapon Audit Authoritarian bailouts Believe Big Brother big government bill of rights Blame blowback bubbles Bush Campaign for Liberty Career Politician Eric Cantor Central Bank Charity China churches collapse Collectivism Commission committee Compassion Congress Conservative constitution Crash dangerous person Democrat Democrats Donald Trump Donald Trump. Planned Parenthood drones economic Economy Edward Snowden End the Fed European Union Federal Reserve Floyd Bayne floyd bayne for congress force foreign interventionism free market free markets GOP Nominee GOP Presidential Debates Government Great Depression gun control House of Representatives housing bubble HR 1745 I like Ron Paul except on foreign policy If ye love wealth better than liberty IFTTT Individual Individualism Institute Irag Iran Iraq war ISIL ISIS Judge Andrew Napalitano libertarian Liberty Liberty Letters Liberty Report Lost mass Media meltdown metadata Micheal Moore Middle East Mitt Romney nap National Neocons New Ron Paul Ad New York Times Newsletters Newt Gingrich No Non non-interventionism NSA NSA Snooping Obama Overreach overthrow Patriot Act peace politicians Pope Francis President Presidential Presidential Race programs prosperity Race Racist Racist Newsletters Rand Paul Read the Bills Act recessions redistribution of wealth refugee crisis Repeal Obamacare Report Republican Republican Nomination Republican Nominee Republicans Revolution Rick Santorum Rick Santorum Exposed Ron Ron Paul Ron Paul Institute Ron Paul Institute Featured Articles Ron Paul Institute for Peace And Prosperity Ron Paul Institute Peace and Prosperity Articles Ron Paul Next Chapter Media Channel Ron Paul Racist Newsletters ron paul's foreign policy Ronald Reagan Rosa DeLauro russia Samuel Adams Saudi Arabia Second Amendment Security Senate Senator September 11th attacks Show Soviet Spying stimulate Stock Market surveillance Syria tech bubble terrorist The the Fed the poor US US foreign policy Us troops USA Freedom Act Virginia Virginia Republican Primary voluntarism. Liberty Voluntary Warner Warning warrantless wiretaps YouTube