Lockheed Martin leads expanded lobbying by U.S. defense industry

Posted: January 30, 2012 in US News
Tags: , , , , ,

Roxana Tiron
Washington Post

January 30, 2012

Defense contractors Lockheed Martin, General Dynamics and Raytheon spent a combined $33.4 million on lobbying in Washington last year, a 10 percent increase from 2010, as Congress and the Obama administration weighed cuts in the Pentagon budget.

A review of lobbying disclosures filed with the Senate by a Jan. 20 deadline showed that Bethesda-based Lockheed Martin, the world’s largest defense company, led such spending last year with $15 million for lobbying, a 19 percent increase.

Pentagon contractors face an era of limited government spending after an impasse on how to cut the federal budget left open the prospect of $1 trillion in defense cuts over a decade. Even with future cuts looming, defense companies focused their lobbying last year on protecting contracts and programs from immediate cuts, according to Michael Herson, president of American Defense International, a defense lobbying and business-development firm in Washington.

“The contractors were focused on their programs in fiscal year 2012 — that was the more certain problem at hand,’’ Herson said in an interview.

Read full story here

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s