Lockheed Martin

Former U.S. nuclear commander startles with proposal to cut weapons arsenal by 80%

The Center for Public Integrity | Posted 05.18.2012

The Center for Public Integrity

By R. Jeffrey SmithiWatch NewsThe chairman of a House subcommittee that helps shape the nation's nuclear arsenal, Rep. Mike Turner (R-Ohio), has bee...

10 Companies That Will Help Pay Your Tuition

Posted 05.16.2012

Here's one easy way to get a degree without going deep in debt: have someone else pay for it. What if you could go to college with a job lined up a...

Fortune 500 Companies Made Record $824 Billion Profit In 2011

The Huffington Post | Alexander Eichler | Posted 05.08.2012

Poverty is rampant. Hunger is widespread. But don't worry about America's largest corporations -- they're doing just fine. Fortune released its ann...

Lockheed Martin To Run Pentagon's Cyber CSI Lab

Reuters | Posted 05.04.2012

WASHINGTON (Reuters) - Lockheed Martin Corp on Thursday said it had won a contract worth up to $454 million to support the Pentagon's Cyber Crime Cent...

The F-22: Final Delivery for a Flying Disaster

William Hartung | Posted 05.03.2012

William Hartung

Wednesday Lockheed Martin delivered the last of 187 F-22 Raptor fighter jets to the U.S. Air Force. The roll out prompted executives to describe the plane as "the baddest bird on the planet" and "an icon of American power." The facts suggest otherwise.

You Can Be a Patriot Or a Profiteer... But You Can't Be Both

Robert Greenwald and Derrick Crowe | Posted 05.07.2012

Robert Greenwald and Derrick Crowe

This week, the three military contractors that do the most business with the Pentagon announced their quarterly profits for 2012. Their profits continue to grow while they push Washington, D.C. to protect their budgets at the expense of the rest of us.

Failed Equipment, Flawed Designs Plague Lockheed Littoral Combat Ship

Project On Government Oversight | Posted 04.24.2012

Project On Government Oversight

After more than six months in port, the USS Freedom has only been out to sea twice this year, and during both trips the engines and other key equipment failed. This is a far cry from what the Navy has been telling taxpayers.

The 4,500th Lockheed Martin F-16 Fighting Falcon: A Source of Pride for the Aerospace Industry and America

Dorian de Wind | Posted 04.03.2012

Dorian de Wind

I have written plenty about the sad demise of the Lockheed Martin F-22 Raptor fighter program and about the trials and tribulations of the F-35 Joint ...

Companies Profiting The Most From War

Posted 03.01.2012

Global sales of arms and military services by the 100 largest defense contractors increased in 2010 to $411.1 billion, according to the Stockholm Inte...

Nukes for the Troops? - The Absurdity of Uncritical Support for the Pentagon

William Hartung | Posted 04.04.2012

William Hartung

Uncritical support of Pentagon spending will make us weaker, not stronger. We need to get our fiscal house in order while still finding money to invest in the pillars of a strong economy.

Weapons ‘R’ Us

William J. Astore | Posted 03.25.2012

William J. Astore

Let's face it: the weapons we sell to others pale in comparison to the weapons we sell to ourselves. Americans have a love affair with them, the more high-tech and expensive, the better. I should know. After all, I'm a recovering weapons addict.

Ike's Nightmare

Derrick Crowe | Posted 03.18.2012

Derrick Crowe

Fifty-one years ago today, President Dwight D. Eisenhower issued his final, prescient warning about the rising power of the military industrial complex. Eisenhower was right to be worried. We're living in his nightmare.

A Momentum of Cynicism

Robert Koehler | Posted 03.13.2012

Robert Koehler

The sale of arms to Iraq, $11 billion worth of almost everything, is going to move forward even though it makes little sense from multiple points of view, including U.S. geopolitical interests.

More on the JFS: Getting the Hook: Are the F-35Cs Fit to Fly?

Reese Schonfeld | Posted 03.07.2012

Reese Schonfeld

Whether you believe the F-35 should join the Air Force or that the project should be killed, we can all agree that nobody wants to see pilots killed because they're training on aircraft that aren't fit to fly.

The Devil Is in the Details of the Pentagon's Plan

Robert Greenwald and Derrick Crowe | Posted 03.06.2012

Robert Greenwald and Derrick Crowe

Will super-rich war-industry CEOs be able to keep bilking taxpayers out of hundreds of billions of dollars? That's the question everyone should be ask...

The F-35, $400 Billion Boondoggle: A Christmas Present

Reese Schonfeld | Posted 02.27.2012

Reese Schonfeld

With Defense budget cuts being criticized by Republicans, and Democrats striving to do as little damage as possible when they make the cuts, the F-35 suggests itself as a program worth considering.

Iraq to Get F-16 Fighters

Dorian de Wind | Posted 02.07.2012

Dorian de Wind

The day may come when Iraq's once proud Phoenix rises again to fly and fight -- hopefully not against those who helped it rise from its ashes.

The F-35, a $400 Billion Boondoggle

Reese Schonfeld | Posted 02.06.2012

Reese Schonfeld

With the nation in grave economic distress, why are some Congressmen and Senators refusing to cut defense spending? If we hadn't invested in the F-35, our national debt would be almost 3 percent less than it is now.

World's Largest Weapons Exporters

Howard Steven Friedman | Posted 02.05.2012

Howard Steven Friedman

Not surprisingly, the United States is by far the largest arms exporter, with Russia being the only country with more than half the value of military exports.

The Myth of Military Contracting

Max Stanley | Posted 01.03.2012

Max Stanley

The war industry stood back with glee when it released a shoddy study that produced the sought-after deceptive headlines about defense spending, the magic sauce of job creation.

Obama Jobs Bill Ignores Basic Principle of Job Creation: Small Businesses Create All the Jobs

Lloyd Chapman | Posted 12.27.2011

Lloyd Chapman

The federal government is the largest purchaser of goods and services in the world. Small businesses need those contracts, not the tax cuts proposed in the president's jobs bill.

Meet the 0.01 Percent: War Profiteers

Robert Greenwald | Posted 12.27.2011

Robert Greenwald

There's the top 1% of wealthy Americans (bankers, oil tycoons, hedge fund managers) and there's the top 0.01% of wealthy Americans: the military contractor CEOs.

The Only Job a War Industry CEO Cares About: His Own

Robert Greenwald and Derrick Crowe | Posted 12.25.2011

Robert Greenwald and Derrick Crowe

CEOs of the biggest military contracting corporations published a report today that has absolutely no use in predicting the actual economic effects of cuts to the military budget.

Could a Simple Bill Save the World Economy?

Lloyd Chapman | Posted 11.24.2011

Lloyd Chapman

If President Obama really wants to create jobs and save the world economy, he will keep his campaign promise and support and sign the Fairness and Transparency in Contracting Act.

On 9/21/11 (UN Day of Peace): How Peaceful Is the World?

Michael Shank | Posted 11.21.2011

Michael Shank

That the economics of peace have had such a hard time prevailing in policy conversations is, in part, because the dominant language, lobbies, and learning environments are all geared toward the mechanics of war.