Wednesday, June 25, 2008

The Pentagon's merchants of war

The top Pentagon contractors, like death and taxes, almost never change. In 2002, the massive arms dealers Lockheed Martin, Boeing and Northrop Grumman ranked one, two and three among Department of Defense (DoD) contractors, taking in US$17 billion, $16.6 billion and $8.7 billion.

Lockheed, Boeing and Northrop Grumman did it again in 2003 ($21.9 billion, $17.3 billion and $11.1 billion); 2004 ($20.7 billion, $17.1 billion and $11.9 billion); 2005 ($19.4 billion, $18.3 billion and $13.5 billion); 2006 ($26.6 billion, $20.3 billion and $16.6 billion); and, not surprisingly, 2007 as well ($27.8 billion $22.5 billion and $14.6 billion). . . .

With the basic Pentagon budget now clocking in at roughly $541 billion per year - before "supplemental" war funding for Iraq, Afghanistan and President George W Bush's "war on terror", as well as national security spending by other agencies, are factored in - even Lockheed's hefty $28 billion take is a small percentage of the massive total.

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