Lockheed Martin

Not making enough as a Goldman Sachs CEO? Become a war profiteer instead.

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Published: Saturday, April 14th, 2012

The New York Times reports that Goldman Sachs CEO Lloyd Blankfein made $12 million last year, despite some ugly, but not illegal, behavior. Poor schmuck. He’s only making half what Lockheed Martin CEO Robert Stevens made last year. Lockheed Martin is the largest Pentagon contractor, getting 82 percent of its 2011 funds from the taxpayer. [...]


RT’s ‘The Alyona Show’: Derrick Crowe on Lockheed Martin, Masters of DC Seduction

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Published: Friday, March 23rd, 2012

By Staff at “The Alyona Show“ The F-35 joint strike fighter is the most expensive weapons program to date. A recent Government Accountability Office report shows that cost overruns in the first four procurement contracts were more than 1 billion over budget combined. But the Air Force is sticking with it and will just have [...]


The Devil Is in the Details of the Pentagon’s Plan

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Published: Thursday, January 5th, 2012

Will super-rich war-industry CEOs be able to keep bilking taxpayers out of hundreds of billions of dollars? That’s the question everyone should be asking after today’s announcement of the new strategic guidelines for the Pentagon. With the new guidance promising only to slow — not reverse — the growth of the bloated military budget, there’s [...]


The Myth of Military Contracting

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Published: Saturday, October 29th, 2011

The war industry stood back with glee when it released a shoddy study that produced the sought-after deceptive headlines about defense spending, the magic sauce of job creation. There was no balance to these reports, and the War Industry should know, because they funded it! A cursory or peer review of its content would’ve demonstrated [...]


Meet the 0.01 Percent: War Profiteers

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Published: Thursday, October 27th, 2011

There’s the top 1% of wealthy Americans (bankers, oil tycoons, hedge fund managers) and there’s the top 0.01% of wealthy Americans: the military contractor CEOs. If you’ve been following the War Costs campaign, you already know that these corporations are bad bosses, bad job creators and bad stewards of taxpayer dollars. What you may not [...]


Lockheed Martin’s CEO Wants Your Social Security Check

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Published: Wednesday, September 21st, 2011

The law that created the deficit committee also created a zero-sum game: Any expensive program that escapes the budget knife does so at the expense of cuts to other programs. If the military contractors succeed in keeping the war budget intact, they’ll likely do so at the expense of Social Security and Medicare. That means [...]


The War Industry: Bad Job Creators, Bad Bosses, Bad Stewards of Tax Dollars

By Robert Greenwald and Derrick Crowe
Published: Wednesday, September 14th, 2011

On Tuesday, the military contractors behind the “Second To None” campaign pleaded “no comment” to our War Costs campaign’s full-page Politico ad exposing the economic damage caused by massive war budgets. The same day, they announced a press conference and the upcoming launch of a national campaign to scare people about job losses if we [...]


Corrupt Contractors Make Their Move on the Deficit Committee

By Robert Greenwald and Derrick Crowe
Published: Monday, September 12th, 2011

The new deficit commission will hold its first substantive meeting on Tuesday, and the military contractors will be out in force to protect their profits. They’ll be working to cash in on hundreds millions of dollars in campaign donations and lobbying spending, and they’ll deploy their favorite (and bogus) “jobs” spin. But members of the [...]


The War Budget Is Burning Down Our Economy

By Robert Greenwald and Derrick Crowe
Published: Thursday, September 8th, 2011

President Obama will talk jobs tonight. Good. That’s what we should have been talking about all year. Here’s all thirty-five words of our suggested script for the speech: “Good evening. To get Americans working again, we must cut our massive war budget and find better ways to spend that money. Thank you, God bless you, [...]


Enough With the Scare Tactics, Secretary Panetta

By Robert Greenwald and Derrick Crowe
Published: Tuesday, August 16th, 2011

If you thought we were going to have a rational, fact-based debate about cuts to the out-of-control military budget in this country, think again. The Pentagon and their war industry allies are mounting an aggressive, fear-based campaign of hyperbole and spin to scare Congress away from cuts that could affect contractor profits. The reason for [...]


  

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