This Testimony Is Sponsored by Lockheed Martin
A new report by the Quincy Institute uncovers the think tanks getting big bucks from Pentagon contractors and foreign governments.
A new report by the Quincy Institute uncovers the think tanks getting big bucks from Pentagon contractors and foreign governments.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five largest companies raking in one-sixth of all military spending.
Despite public anger over congressional stock trading, senators and reps have held on to personal investments in companies that fall under their committees' jurisdiction.
Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the House Armed Services Committee that sets defense funding levels.
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.