By Nick Turse | TomDipatch.com, June 24, 2008
The top Pentagon contractors, like death and taxes, almost never change. In 2002, the massive arms dealers Lockheed Martin, Boeing and Northrop Grumman ranked one, two and three among Department of Defense (DoD) contractors, taking in US$17 billion, $16.6 billion and $8.7 billion.
Lockheed, Boeing and Northrop Grumman did it again in 2003 ($21.9 billion, $17.3 billion and $11.1 billion); 2004 ($20.7 billion, $17.1 billion and $11.9 billion); 2005 ($19.4 billion, $18.3 billion and $13.5 billion); 2006 ($26.6 billion, $20.3 billion and $16.6 billion); and, not surprisingly, 2007 as well ($27.8 billion $22.5 billion and $14.6 billion).
Other regulars receiving mega-tax-funded payouts in a similarly
clockwork-like manner include defense giants General Dynamics, Raytheon, the British weapons maker BAE Systems and former Halliburton subsidiary KBR, as well as BP, Shell and other power players from the military-petroleum complex.
With the basic Pentagon budget now clocking in at roughly $541 billion per year - before "supplemental" war funding for Iraq, Afghanistan and President George W Bush's "war on terror", as well as national security spending by other agencies, are factored in - even Lockheed's hefty $28 billion take is a small percentage of the massive total. Obviously, significant sums of money are headed to other companies. However, most of them, including some of the largest, are all but unknown even to Pentagon-watchers and antiwar critics with a good grasp of the military industrial complex.
Last year, in a piece headlined "Washington's $8 billion shadow", Vanity Fair published an expose of one of the better-known large stealth contractors, SAIC (Science Applications International Corporation). SAIC, however, is just one of tens of thousands of Pentagon contractors. Many of these firms receive only tens or hundreds of thousands of dollars from the Pentagon every year. Some take home millions, tens of millions or even hundreds of millions of dollars.
Continued . . .
Friday, June 27, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment