Tuesday, September 3, 2013

Taxpayers Pad Military Contractor CEO Pockets | Common Dreams

Taxpayers Pad Military Contractor CEO Pockets | Common Dreams
"Five of the companies with the highest-paid CEOs made the top 100 U.S. government contractors list every year over the past 20 years. These firms include two big military contractors — Lockheed Martin and United Technologies — along with IBM, General Electric, and Honeywell. These five companies have received $671 billion in federal contracts over the past 20 years.
More taxpayer dollars have flowed into the coffers of aerospace giant Lockheed Martin than any other U.S. corporation over the past 20 years. In 2012, U.S. government contracts accounted for 82 percent of Lockheed’s net sales."