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flashl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-25-08 08:18 PM
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The Pentagon's merchants of war
By Nick Turse

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.

...

Other regulars receiving mega-tax-funded payouts in a similarly clockwork-like manner include defense giants General Dynamics, Raytheon, the British weapons maker BAE Systems and former Halliburton subsidiary KBR, as well as BP, Shell and other power players from the military-petroleum complex.

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. Obviously, significant sums of money are headed to other companies. However, most of them, including some of the largest, are all but unknown even to Pentagon-watchers and antiwar critics with a good grasp of the military industrial complex.

...

Then there's a select group that are masters of the universe in the ever-expanding military-corporate complex, regularly scoring more than a billion tax dollars a year from the DoD. Unlike Lockheed, Boeing and Northrop Grumman, however, most of these billion-dollar babies manage to fly beneath the radar of media (not to mention public) attention. If appearing at all, they generally do so innocuously in the business pages of newspapers. When it comes to their support for the Pentagon's wars and occupations in Afghanistan and Iraq, they are, in media terms, missing in action.

So, who are some of these mystery defense contractors you've probably never heard of? Here are snapshot portraits, culled largely from their own corporate documents, of five of the Pentagon's secret billion-dollar babies:

1. MacAndrews & Forbes Holdings Inc.
Its total DoD dollars in 2007 were $3,360,739,032.

2. DRS Technologies, Inc.
Its total DoD dollars in 2007 were $1,791,321,140. Incorporated during the Vietnam War, DRS Technologies has long been "a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide"; that is, they have been in the business of fielding products that enhance some of the DoD's deadliest weaponry, including "DDG-51 Aegis destroyers, M1A2 Abrams main battle tanks, M2A3 Bradley fighting vehicles, OH-58D Kiowa Warrior helicopters, AH-64 Apache helicopters, F/A-18E/F Super Hornet and F-16 Fighting Falcon jet fighters, F-15 Eagle tactical fighters ... Ohio, Los Angeles and Virginia class submarines."

3. Harris Corporation
Its total DoD dollars in 2007 were $1,501,163,834. Harris is "an international communications and information technology company serving government, defense and commercial markets in more than 150 countries".

4. Navistar Defense
Its total DoD dollars in 2007 were $1,166,805,361. Still listed in Pentagon documents under its old name, International Military and Government, LLC, Navistar is the military subsidiary of Navistar International Corporation - "a holding company whose individual units provide integrated and best-in-class transportation solutions".

5. Evergreen International Airlines
Its total DoD dollars in 2007 were $1,105,610,723. A privately held global aviation services company, it has subsidiaries in related industries such as helicopter aviation (Evergreen Helicopters, Inc), as well as a few unrelated efforts like producing "agricultural, nursery and wine products" (Evergreen Agricultural Enterprises, Inc).

...

Under the radar
All told, these five stealth corporations from the military-corporate complex received more than $8.9 billion in taxpayer dollars in 2007.

Asia Tines
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-25-08 10:08 PM
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1. I love looking at who sits on the boards..
of these Corporations. Check out M & F Worldwide...
http://www.mandfworldwide.com/our_board_of_directors.htm
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