The following companies are the top 10 recipients of U.S. military dollars for the 2005 fiscal year.
Lockheed Martin of Bethesda, Maryland; CEO: Robert J. Stevens Military contracts in 2005: $19.4 billion Total contributions for the 2004 election cycle: $2,212,836 Total CEO compensation for 2002-2006: $50,265,100 Products: F-16, F/A-22 jet fighters, C-130J air transport, Hellfire, Javelin missiles
Boeing of Chicago, Illinois; CEO: Jim McNerney Military contracts in 2005: $18.3 billion Total contributions for the 2004 election cycle: $1,659,213 Total CEO compensation for 2002-2006: $40,379,500 Products: F-15 fighter, C-17 air transport, Apache Helicopter, JDAM "smart" bombs
Northrop Grumman of Los Angeles, CA; CEO: Ronald Sugar Military contracts in 2005: $13.5 billion Total contributions in 2004 election cycle: $1.77 million Total CEO compensation for 2002-2006: $30,049,800 Products and services: B-2 stealth bomber, amphibious assault ships, training Iraqi army
General Dynamics of Fall Church, Virginia; CEO: Nicholas D. Chabraja Military contracts in 2005: $10.6 billion Total contributions in the 2004 election cycle: $1,437,602 Total CEO compensation for 2002-2006: $65,892,700 Products: Abrams M1 tanks, Trident submarines
Raytheon of Waltham, Massachusetts; CEO: William H. Swanson Military contracts in 2005: $9.1 billion Defense-related contributions in the 2004 election cycle: $811,949 Total CEO compensation for 2002-2006: $27,407,000 Products: Patriot & Tomahawk missiles, "Bunker Buster" bomb, “Paveway” laser guided bomb
Halliburton of Houston, Texas; CEO: David J. Lesar Military contracts in 2005: $5.8 billion Oil and gas-related contributions in the 2004 election cycle: $221,249
Total CEO compensation for 2002-2006: $49,491,100 Services: Runs US military bases in Afghanistan, Bosnia, Djibouti, Georgia, Jordan, Kuwait, Turkey and Uzbekistan. Built Guantanamo Bay, Cuba prisons, South Vietnam & Diego Garcia military bases. Oil field services, logistics (including feeding troops)
BAE Systems PLC of Farnborough, UK; CEO: Mike Turner Military contracts in 2005: $5.6 billion Defense-related contributions in the 2004 election cycle (by its North American subsidiary, BAE Systems Inc.): $486,734 Products: Gun and missile systems, infantry fighting vehicles, military fighter aircraft
United Technologies of Hartford, Connecticut; CEO: George David Military contracts in 2005: $5.0 billion Defense-related contributions in the 2004 election cycle: $558,850 Total CEO compensation for 2002-2006: $200,303,900 Products: Black Hawk, Sea Hawk, Comanche helicopters, engines for F-15 and F-16 fighter jets
L-3 Communications of New York, New York; Interim CEO: Michael T. Strianese Military contracts in 2005: $4.7 billion Defense-related contributions in the 2004 election cycle: $403,719 Total CEO compensation for 2002-2006: $18,209,000 Products: Satellite, avionics, missile defense, marine communications
Computer Sciences Corp. of El Segundo, California; CEO: Van Honeycutt Military contracts in 2005: $2.8 billion Total CEO compensation for 2002-2006: $44,078,800 Products: Information technology, biometric ID systems for US military facilities in Iraq
Military contract figures are from the US Department of Defense. Campaign contribution figures are from opensecrets.org. CEO compensation figures and product information are from Executive Excess 2006: Defense and Oil Executives Cash in on Conflict, a report authored by Sarah Anderson and John Cavanagh of the Institute for Policy Studies, and Chuck Collins and Eric Benjamin of United for a Fair Economy.
For more information go to www.warprofiteers.com or www.corpwatch.org
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