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Lockheed Martin

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The Military-Industrial Complex Salivates At Prospect Of War With North Korea

For the military-industrial complex, business is booming during the Trump administration. Trump’s deescalation of tensions in Syria is apparently an outlier, as Trump has continued or ramped up the militaristic policies of his predecessor on every other front–most notably, North Korea. These policies have defense giants such as Lockheed Martin swimming in profits. “The level of dialogue around missile defense is now at the prime minister and minister of defense level,” Tim Cahill, who serves as vice president of Lockheed’s Air and Missile Defense division, said to Reuters during an interview. Trump’s declaration that North Korea would be “met with… Keep Reading

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Military-Industrial Complex Pockets Tens Of Billions From Trump’s Saudi Weapons Deal

Trump’s America first policies are really paying off, at least if you are a multinational corporation in league with the military-industrial complex. Two of America’s most influential and well-connected defense contractors, Lockheed Martin and Boeing, stand to make tens of billions a piece from Trump’s recent weapons deal with Saudi Arabia. At a conference in New York last week, Lockheed Martin CEO Marillyn Hewson boasted that her company will likely receive up to $28 billion in new business from Trump’s record $110 billion dollar weapons deal with the Saudis. Dennis Muilenburg, CEO of Boeing, one-upped his counterpart by estimating his company… Keep Reading

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The Military-Industrial Complex Cashes Out On Trump’s Saudi Weapons Deal

The big winners of the recent weapons deal that President Donald Trump brokered with Saudi Arabia appear to be the corporations serving the military-industrial complex. After the deal was announced, US defense contractors saw their stocks soar to record highs on Wall Street. Lockheed Martin was influential in setting up the deal with Trump’s son-in-law Jared Kushner lobbying their CEO directly. They stand to profit the most from the agreement. According to Yahoo News, Lockheed will provide missile and air defense, combat ships, tactical aircraft, and rotary wing technologies and programs to the tune of $28 billion. “We are proud… Keep Reading

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