Political Capital

Posts tagged: Defense

President Barack Obama greets U.S. troops during a surprise visit to Bagram Air Field, north of Kabul, in Afghanistan, on May 25, 2014, prior to the Memorial Day holiday.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama greets U.S. troops during a surprise visit to Bagram Air Field, north of Kabul, in Afghanistan, on May 25, 2014, prior to the Memorial Day holiday.

Obama’s Afghan Withdrawal: 2016

Updated at 2:53 and 2:57 pm EDT The war is over in Afghanistan. Or is it? President Barack Obama effectively said so over the weekend, as he made a surprise visit to Bagram Air Base and said — to the...

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Elon Musk, co-founder and chief executive officer of Tesla Motors Inc. and Space Exploration Technologies Corp., signs autographs for attendees following a Senate Appropriations subcommittee hearing in Washington, D.C., on March 5, 2014.

Photograph by Pete Marovich/Bloomberg

Elon Musk, co-founder and chief executive officer of Tesla Motors Inc. and Space Exploration Technologies Corp., signs autographs for attendees following a Senate Appropriations subcommittee hearing in Washington, D.C., on March 5, 2014.

Elon Musk Shaking Up D.C. — Like Auto and Space Races

Billionaire Elon Musk doesn’t do anything quietly. His Space Exploration Technologies Corp. won a battle with Amazon.com’s Jeff Bezos to lease a historic Kennedy Space Center launch pad, was the first private U.S. company to dock a spacecraft at the...

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An AIM-120 Advanced Medium Range Air-to-Air Missile manufactured by Raytheon Co., is seen on a Lockheed Martin Corp. F-16D Fighting Falcon aircraft, during the Singapore Airshow in Singapore on Feb. 12, 2014.

Photograph by Brent Lewin/Bloomberg

An AIM-120 Advanced Medium Range Air-to-Air Missile manufactured by Raytheon Co., is seen on a Lockheed Martin Corp. F-16D Fighting Falcon aircraft, during the Singapore Airshow in Singapore on Feb. 12, 2014.

Defense Companies Play Offense in 2014 Elections

Government contractors are putting their money where their mouths are. The top 10 contractors, as compiled by Bloomberg Government, have increased their political action committee spending by 29 percent for the 2014 congressional elections, compared with their donations for the 2012 races....

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A C-130 prepares for takeoff from Lajes Field in the Azores.

Photograph by Michelle Michaud/U.S. Air Force via Getty Images

A C-130 prepares for takeoff from Lajes Field in the Azores.

Azores Base Cause for Congressman With Family Roots

From Bloomberg Government’s Congress Tracker:  Rep. Devin Nunes is fighting to protect an airfield in the Azores, his family’s ancestral island home. Nunes is seeking to prevent the withdrawal of U.S. forces from the Lajes air field in the Azores, an autonomous region...

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A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Photograph by U.S. Air Force photo by Senior Airman JoAnn S. Makinano via Bloomberg

A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Defense Cuts Face Political Bases: Warthog, Spy-Plane Defenders

From Bloomberg Government’s Congress Tracker: Defense Secretary Chuck Hagel has presented Congress with some unpalatable political decisions in the midst of an election year. His budget proposal for fiscal year 2015 would create some clear political losers. Among them: congressional...

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A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Photograph by Duncan Chard/Bloomberg

A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Aerospace Industry Decries ‘Excessive Pursuit of Fiscal Austerity”

The defense aerospace industry, which includes contracting giants Lockheed Martin and Northrop Grumman, has been a strong financial supporter of congressional Republicans, allotting 63 percent of their campaign donations this year to the party’s candidates and committees. The Republicans’ insistence...

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Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Photograph by Rich Clement/Bloomberg

Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Norquist: ‘End of the Grand Bargain’

Democrats, chafing at the “choke collar” on their appropriators, are yielding their desire to raise taxes to their thirst for bigger spending, says one of the capital’s leading anti-tax activists. The budget deal at hand — approved overwhelmingly by the...

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An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Photograph by Matthew Staver/Bloomberg

An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Coalition of Industries and Advocates Fight Sequestration

The defense aerospace industry gave 60 percent of its donations to Republicans during the 2012 elections. The high-tech industry gave 59 percent of its contributions to the Democrats. Now, representatives of both industries are teaming up to push back on a...

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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.

Companies Decrying Shutdown Backed Republicans Who Pushed It

The political action committees of Lockheed Martin Corp. and Raytheon Co. contributed to the campaigns of Tea Party-aligned House Republicans just before the partial government shutdown that ended this week. Lockheed, the largest U.S. contractor, was among the companies forced...

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