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War Profiteers: Boeing
Boeing
Aside from 747s, Boeing makes "smart" bombs, F-15 fighters, and Apache helicopters. Boeing has paid tens of millions in fines for selling flawed parts that led to thousands of unnecessary landings and at least one fatal crash and has been plagued by scandals connected to the companys influence-peddling.
CEO: Harry C. Stonecipher
Military contracts 2003: $17.3 billion
Major campaign contributions: $1.6 million in 2002
Americas largest exporter, Boeing is also the Pentagons second largest contractor, eclipsed only by Lockheed Martin. In 2003 Boeing landed over $27 billion in contracts from the Department of Defense. While revenues from commercial planes have been suffering in the wake of September 11th leading to the lay off of tens of thousands of workers demand for its military production is booming. Revenue from military goods now outstrips Boeings earnings from commercial sales by $5 billion a year.
Find this article: CorpWatch - http://www.corpwatch.org/article.php?list=type&type=10
Aside from 747s, Boeing makes "smart" bombs, F-15 fighters, and Apache helicopters. Boeing has paid tens of millions in fines for selling flawed parts that led to thousands of unnecessary landings and at least one fatal crash and has been plagued by scandals connected to the companys influence-peddling.
CEO: Harry C. Stonecipher
Military contracts 2003: $17.3 billion
Major campaign contributions: $1.6 million in 2002
Americas largest exporter, Boeing is also the Pentagons second largest contractor, eclipsed only by Lockheed Martin. In 2003 Boeing landed over $27 billion in contracts from the Department of Defense. While revenues from commercial planes have been suffering in the wake of September 11th leading to the lay off of tens of thousands of workers demand for its military production is booming. Revenue from military goods now outstrips Boeings earnings from commercial sales by $5 billion a year.
Find this article: CorpWatch - http://www.corpwatch.org/article.php?list=type&type=10
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