Lockheed Martin - Lobbying

Lobbying

The company's 2010 lobbying expenditure by the third quarter was $9.9 million (2009 total: $13.7 million).

Through its political action committee, the company provides low levels of financial support to candidates who advocate national defense and relevant business issues. It is "the top contributor to the incoming House Armed Services Committee chairman, Republican Howard P. 'Buck' McKeon of California, giving more than $50,000 in the most recent election cycle. It also tops the list of donors to Sen. Daniel Inouye (D-HI), the powerful chair of the Senate Appropriations Committee, and the self-described '#1 earmarks guy in the US Congress.'"

Lockheed Martin Employees Political Action Committee is one of the 50 most generous PACs in the country, according to FEC data. With contributions from 3,000 employees, it donates $500,000 a year to about 260 House and Senate candidates. For the 2004 election cycle, Lockheed's PAC has already contributed $350,279 to federal candidates, with about 62 percent going to Republicans, according to the Center for Responsive Politics. That compares with $515,000 from General Dynamics' political action committee and $122,850 from BAE Systems North America, the center's data showed.

Read more about this topic:  Lockheed Martin

Other articles related to "lobbying":

Subprime Mortgage Crisis Solutions Debate - Lobbying
... of the financial industry or closer monitoring of lobbying activities to understand better the incentives behind it." The Boston Globe reported ... banks spent these amounts ($ millions) on lobbying, despite receiving taxpayer bailouts Citigroup $3.1 JP Morgan Chase $3.1 Bank of America $1.5 and Wells Fargo ... Financial Crisis, the financial services industry mounted an aggressive public relations and lobbying campaign designed to suggest that government policy rather than corporate policy caused the ...
List Of John Mc Cain Presidential Campaign Staff Members, 2008 - Former Members
... payroll as its fund-raising coordinator" The Loeffler Group is a lobbying firm that has "received $990,000 in lobbying fees and another $3,000 in expenses from the Saudi government" ... Davenport, the regional campaign manager for the mid-Atlantic states, founded the DCI Group's lobbying practice and oversaw the contract with Myanmar in 2002 ... to become convention CEO after campaign manager Rick Davis's lobbying firm partner, Paul Manafort, was nixed because of his own close ties to foreign governments and controversial companies Carlos Bonilla ...
Lobbying In The United Kingdom - Proposed Regulation of Lobbying
... Select Committee published a report 'Lobbying Access and Influence in Whitehall' which noted The practice of lobbying in order to influence political decisions is a legitimate and necessary part of the ... in turn needs access to the knowledge and views that lobbying can bring ... of a Revolving door where many former Members and Ministers now working for lobbying firms in particular for the nuclear sector ...
Lobbying In The United Kingdom - Summary
... The professional lobbying industry has been rapidly growing since the mid-1990s and in 2007 was estimated to be worth £1.9 billion, employing 14,000 people. 1994 there have been various complaints by MPs about unacceptable lobbying and several police investigations ... Current levels of lobbying are causing concern as is the 'revolving door' which allow individuals to move rapidly between legislative and commercial roles in the same ...
Lobbying By Country - Other Countries
... Other countries where lobbying is regulated in parliament bills include Canada Georgia (1998) Hungary (2006) ...