Defense Contractors Are Top Donors to House Election Objectors, Report Finds
The top Fortune 500 donors this year to House GOP election objectors are weapons companies whose revenue comes overwhelmingly from defense contracts.
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The top Fortune 500 donors this year to House GOP election objectors are weapons companies whose revenue comes overwhelmingly from defense contracts.
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.
As the F-35 fighter comes under Pentagon review for potential cuts, bipartisan groups of lawmakers are calling to continue high levels of spending on the troubled $1.7 trillion program.
The F-35 program could soon be scaled back—and possibly phased out—after gobbling up hundreds of billions of taxpayer dollars.
House Armed Services Committee chair Adam Smith (D-Wash.), a top recipient of PAC money from weapons makers, has called some Democrats "extremists" for wanting to reduce the Defense Department's $740.5 billion budget.
Defense Appropriations Subcommittee Chair Rep. Pete Visclosky (D-Ind.), the favorite of Lockheed Martin’s donations last cycle, has not yet joined House Democrats in criticizing President Trump’s military strike.
Jack Reed’s campaigns and leadership PAC have taken $362,400 from four defense contractors that have sold 90% of the American weapons bought by Saudi Arabia. Now he has a key role in negotiations around banning the companies’ Saudi sales.
New contract adds $225 million in foreign military sales to an already approved $11.25 billion deal with Saudi Arabia.