Lockheed Martin: The single largest recipient of U.S. tax dollarsChris | InformationLiberation
Jan. 04, 2011
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Ahh, the spoils of being a corporate welfare queen!
Yahoo Finance reports:
With $40 billion in annual revenue, Lockheed Martin is the single largest recipient of U.S. tax dollars. The company receives about $36 billion in government contracts per year. In 2008, $29 billion of that was for U.S. military contracts -- a dollar figure 25% higher than its competitors Boeing Co. and Northrop Grumman.Interestingly, the rest of the report says how Lockheed Martin is "too big to fail" and merely needs to be "reformed."
Sounds like they've got nothing to worry about.