Political Capital

Posts tagged: defense contractors

Completed M88 Hercules heavy recovery vehicles wait for delivery at the BAE Systems Plc Land & Armaments facility in York, Pennsylvania.

Photograph by Andrew Harrer/Bloomberg

Completed M88 Hercules heavy recovery vehicles wait for delivery at the BAE Systems Plc Land & Armaments facility in York, Pennsylvania.

‘Planting the Seeds’ in Advance of Defense Industry Lobbying Blitz

In advance of the defense industry’s  two-month lobbying surge on Capitol Hill against budget sequestration, its political action committees have boosted their campaign contributions. The PACs of Bloomberg Government’s 10 biggest prime contractors contributed $8.3 million from January to September, 32 percent...

Read more »

A Lockheed Martin Corp. F-35 Lightning outside the company's stand during the Farnborough International Air Show.

Photograph by Chris Ratcliffe/Bloomberg

A Lockheed Martin Corp. F-35 Lightning outside the company's stand during the Farnborough International Air Show.

Was Lockheed Martin a Boy Scout?

The companies most affected by the government shutdown weren’t much affected at all. They simply followed the old Boy Scout motto: “Be prepared.” The biggest U.S. federal contractors reported third-quarter earnings this week that showed little harm to their profits,...

Read more »

A Lockheed Martin Corp. Fury unmanned aircraft system (UAS) hangs above the exhibition floor at the Association for Unmanned Vehicle Systems International (AUVSI) unmanned systems conference in Washington, D.C., on Aug. 13, 2013.

Photograph by Andrew Harrer/Bloomberg

A Lockheed Martin Corp. Fury unmanned aircraft system (UAS) hangs above the exhibition floor at the Association for Unmanned Vehicle Systems International (AUVSI) unmanned systems conference in Washington, D.C., on Aug. 13, 2013.

Defense Industry Furloughs Workers as Asking Gov’t to Reopen

The defense industry, which gave 60 percent of its contributions to Republicans in the 2012 elections, is furloughing workers as the partial government shutdown continues. “Shutting down the government has been a tragic mistake,” said Marion Blakey, president and CEO...

Read more »

Army Secretary John McHugh, right, and Chief of Staff of the Army General Raymond Odierno, left, participate in a news briefing at the 2012 annual meeting and exposition on 'America's Army: Service to the Nation, Strength for the Future,' held by The Association of the United States Army on Oct. 22, 2012 at Walter E. Washington Convention Center in Washington, DC.

Photograph by Alex Wong/Getty Images

Army Secretary John McHugh, right, and Chief of Staff of the Army General Raymond Odierno, left, participate in a news briefing at the 2012 annual meeting and exposition on 'America's Army: Service to the Nation, Strength for the Future,' held by The Association of the United States Army on Oct. 22, 2012 at Walter E. Washington Convention Center in Washington, DC.

U.S. Army Scales Back Presence — For Annual D.C. Conference

Defense contractors showed off new armored trucks, battlefield laptops and laser-guided bombs on opening day of the Association of the U.S. Army’s annual conference in Washington. Their uniformed customers were a bit outgunned. The Army slashed spending on the event to $1.3 million...

Read more »