Skip to content

Defense Firm Lockheed Martin Keeps Up Offense

A major Defense Department contractor continued its offensive to move political contributions to Congress during the normally slow summer month of August. Lockheed Martin routinely carries more than a $1 million cash balance from month to month in order to keep the contributions flowing.

Lockheed Martin Corporation Employees’ PAC reported it gave $176,000 to federal candidates and committees during August. In the same month, the PAC of Northrop Grumman Corporation gave $62,500; the PAC of Honeywell International gave $55,000; the PAC of Boeing gave $19,000: the PAC of  Raytheon gave $38,500; the PAC of General Dynamics gave $23,500; the PAC of United Technologies gave $34,500; and the PAC of BAE Systems Inc. gave $8,000.

Lockheed Martin Corporation Employees’ PAC has reported receipts of $1,432,570 million so far this year and had $1,172,429 cash on hand as of Aug. 31. It has given more than $1.2 million to candidates and committees in 2013, with 60 percent going to Republicans. It has given $150,500 to campaign committees of members of the House Armed Services Committee and $138,000 to members of the House Appropriations Committee.

Last Friday, the Department of Defense announced it had awarded five contracts worth a $4 billion to Lockheed Martin Corp. The largest contract, for $3.92 billion, was to provide missile defense components to the U.S. Missile Defense Agency and the United Arab Emirates. The THADD defense system is designed to shoot down short, medium and intermediate-range ballistic missiles.

Other PACs reporting large August activity include the American Federation of State County & Municipal Employees PEOPLE, which gave $161,500 to federal candidates and committees. EMILY’s List gave out $137,111. The National Association of Realtors PAC gave out $117,000. The Dealers Election Action Committee of the National Automotive Dealers Association gave out $109,000.

Recent Stories

The electorate’s inflation report card: three factors to watch

DCCC adds more House seats to its 2026 target list

Brad Lander launches primary challenge to Rep. Dan Goldman in New York

GAO chief’s pending exit tees up battle for a successor

Takeaways: Trump doesn’t acknowledge price concerns in Pennsylvania return

‘Let’s rock’: Gene Simmons urges Congress to OK radio royalties